Life Insurance Corporation Of India — Important, 21-07-2025: Updates
21-07-2025 | 08:12 pm
21-07-2025 | 08:12 pm
LIC has bolstered its investment in State Bank of India (SBI), increasing its equity stake from 9.21% to 9.49% of SBI's paid-up capital. This strategic portfolio adjustment highlights LIC's continued conviction in the banking giant. For investors, this signals a significant institutional investor's growing exposure to a leading public sector bank, reflecting a potential positive outlook on its performance.
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