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LIC bond purchases: New Mr Bond on Debt Street: LIC steps up buys of top-rated NBFC & corporate papers

LIC subscribed to a lions share of Reliances ₹20,000-crore bond sale last month, while also taking up a major portion of a bond sale earlier this week by Tata Capital Financial Services (TCFSL), a subsidiary of Tata Capital, sources aware of the developments told ET. LIC had bought ₹13,000 crore of RILs bonds, the sources said.
Jeevan Utsav Suresh Ganapathy Tata Capital Financial Services Reliance Industries Life Insurance Corp Tata Capital

PSU banks: Don't run after all the underdogs; PSU banks are where the juice is: Digant Haria

“Just because BJP has won the elections and the probability of them coming back with a bang in May is extremely high, it does not make sense to buy the stocks where the results will not be there because this market is in a phase where there is a lot of rotation happening. If the results do not follow through, you are going to be disappointed.”
Uttar Pradesh Digant Haria Jeevan Utsav Offering College Indian School Of Business Greenedge Wealth

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