Bill for raising LIC capital tabled
| Bill for raising LIC capital tabled |
| Press Trust Of India / August 1, 2009, 1:16 IST |
A Bill to amend the Life Insurance Corporation Act was introduced in the Lok Sabha on Friday. The Bill seeks to raise the minimum capital of LIC from Rs 5 crore to Rs 100 crore and empower it to make regulations for its agents and employees.
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First Published: Aug 01 2009 | 1:16 AM IST