LIC to invest Rs 95,000 crore in Govt. debt


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Mumbai, October 4, 2006 - Life Insurance Corporation of India (LIC) will invest Rs 47,500 crore in government debt in the fiscal year through March 31, chairman T S Vijayan said in Mumbai. The state-owned insurer has bought debt securities worth Rs 17,670 crore so far this fiscal year, he said in Mumbai on Tuesday.

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