Saturday, November 17, 2018

Destruction of LIC.

LIC is losing market share hand over fist to the private sector—this at a time the insurer has willingly saddled itself with IDBI Bank.

Everytime Netas need money to fill stinking holes in a govt. Bank or buy some dying govt. company that no one else will touch... They manhandle LIC and take its money.

With lowest solvency ratio in whole market .. LIC is now stripped to the bones.

The question is at what point LIC dies.

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