Won't Allow Beleaguered IL&FS To Collapse, Says Life Insurance Corporation | Read

PUBLISHED ON: September 25, 2018 | Duration: 1 min, 48 sec

  
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The largest state-run insurer, Life Insurance Corporation (LIC), will not allow the country's beleaguered Infrastructure Leasing & Financial Services (IL&FS) to collapse, LIC Chairman VK Sharma told reporters on Tuesday. All options, including increasing LIC's stake in IL&FS, are open, Sharma said.
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