LIC has purchased the entire non-convertible debenture (NCD) of ₹ 5,000 crore of Adani Ports. This is a 15 -year bond on which LIC will get an interest of 7.75%. This means LIC has given a loan to Adani Ports for 15 years. LIC already has an 8.06% stake in Adani Ports. In FY25, LIC has invested a total of ₹ 80,000 crore in corporate bonds, showing that LIC is playing a big role in corporate finance. In this video, know what this big deal of LIC and Adani Group means and how can both benefit from both.
Lic’s Big Bet! Gave ₹ 5,000 Crore Loan to Adani Ports, Know the Reason | Paisa Live | LIC’s big bet! Loan of ₹ 5,000 crore given to Adani Ports, know the reason
