Some Facts: LIC
Life Insurance Corporation of India (LIC) is a state-owned general insurance company in India. It was formed in 2000 through the amalgamation of the Life Insurance Corporation, MetLife and Old National. In 2005, it became a public limited company under the Companies Act. The company is listed on the Bombay Stock Exchange and the National Stock Exchange of India. As of 2017, it has a market capitalization of over $1 billion.
From Every 100 Rupee saved by Indians 10 Rupee Goes to LIC
Single-largest stakeholder in equity after the govt
LIC has 40% of India as a policyholder, Which Means if LIC is a country, It's 3rd Largest in the World
Do check our bank nifty option tips for tomorrow and make money on a daily basis with us and remember to bookmark our website as we keep on updating the free content.
