April 19, 2025
Financial Assets

LIC Requests RBI To Introduce 100-Year Government Bonds

Mumbai: Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday. Siddhartha Mohanty, Managing Director and Chief Executive of LIC, said the insurer sells whole life policies, which need investments in long-term bonds. The RBI has been giving permission to

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