I am Mini Reji, Advisor of Life insurance Corporation of India. Over the last 16 years, I have helped numerous individuals ranging from businessmen to students, salaried and Retire people in planning for a happy retirement, planning for child's education/ marriage as well as financial protection against any unforeseen events etc.
State-owned insurer LIC's board has approved a 1:1 bonus share issue, granting one additional share for every share held on the record date. This move will be funded by capitalizing Rs 6,325 crore from reserves by December 2025 and is expected to be completed within two months of the board's approval.
Indian economy on strong footing but duration of West Asia conflict, resultant damage to the energy infrastructure add risk to inflation, growth outlooks, says RBI Governor Malhotra.
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