Get­ting House in Or­der

The Economic Times - - Economy: Macro, Micro & More -

A re­tired banker could be ap­pointed to help the board in ad­vis­ing on the lend­ing port­fo­lio At the end of March 2016, LIC had a debt port­fo­lio of

big­ger than the loan port­fo­lios of most banks To start with, LIC is ex­pected to give POS ma­chines to about of its

lakh crore, 2 lakh 20 lakh agents

3.79 LIC is also a big in­sti­tu­tional in­vestor. It is para­mount that they have set pro­ce­dures. There were some is­sues which have now been ad­dressed. The new chair­man has been proac­tive in his ap­proach

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