LIC to Infuse Raise Rs. 2,334 Crores as Equity Capital

LIC recently announced that it is planning to infuse over Rs. 2,334 crores worth of equity capital in LIC Housing Finance. The announcement added over 2% growth in the subsidiary’s shares price on 25th June. LIC Housing Finance will raise the equity capital by picking up additional stakes within LIC to reach the target price …

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