[ad_1] State-owned Life Insurance Corporation (LIC) reported a multifold increase in net profit during July–September (Q2) of FY23. This is due to a change in its accounting policy, wherein it has transferred Rs 14,271.80 crore to the shareholders’ account from the non-participatory account. Net profit in Q2 stood at Rs 15,952.49 […]
Read MoreTag: crore
[ad_1] The inflows into mutual fund (MF) schemes through the systematic investment plan (SIP) route rose for the fourth straight month in October, crossing Rs 13,000 crore for the first time, even as equity schemes struggled to deliver in the recent past. Notwithstanding strong inflows via SIPs, net investments in active equity schemes […]
Read More