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Will invest Rs 2.15 lakh-cr in equities in FY14: LIC Chmn

India's largest domestic institutional investor, Life Insurance Corporation of India (LIC) invested Rs 23,000 crore in equities for the financial year 2013, informs Chairman DK Mehrotra. “We have not rushed into it in Q4 to buy more stocks…but it has been smooth and uniform participation for us in 2012-13,” he told CNBC-TV18 in an interview.

first published: Apr 22, 2013 11:09 am

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