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LIC IPO: Looking under the hood

Despite the catch in its recent numbers, LIC has undeniable strengths – an industry with significant scope for an increase in penetration as the country grapples with an enormous protection gap, government-backing, trust in the brand, higher operating efficiency as a result of being a large and mature business, and its large base of agents which compensates the absence of a banking partner 

March 25, 2022 / 10:38 IST
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