Financial Daily from THE HINDU group of publications
Saturday, Apr 03, 2004
Financial Daily from THE HINDU group of publications Saturday, Apr 03, 2004 |
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Opinion
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Letters LIC clarifies
This is with reference to "LIC Board adopts Deloitte report; IPO likely" (Business Line, March 29): We would like to clarify that the LIC's board has agreed in principle with certain recommendations made therein and had also given its views on others. The report has been submitted to the Government. As far as corporatisation is concerned, the Government has to take a decision in that regard. The solvency margin has already been provided by the Corporation as per IRDA norms and advises. A. K. Shukla Executive Director Life Insurance Corporation of India Mumbai
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