FM Sitharaman says ministry does not advise LIC on investments, Adani investments as per SOPs
Finance Minister Nirmala Sitharaman on Monday (December 1) said her ministry does not issue advisory or directions to Life Insurance Corporation of India (LIC) regarding its investment decisions, and emphasised that the investments that the state-owned insurer made in Adani Group were as per established SOPs. India’s largest insurer has, over the years, made investment
