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LIC suffers Rs 84,000 crore dent in portfolio amid stock market crash
A large portion of the dip is attributed to the over 10 per cent correction in ITC (Rs 11,863 crore), Larsen & Toubro (Rs 6,713 crore) and State Bank of India (Rs 5,647 crore) shares, thus far in CY25
Invested in ITC to improve returns of policyholders: LIC response to PIL
Insurer wants PIL rejected, says investments are routine, there is no rule banning them