LIC Q2 net profit falls 50% to Rs 7,925 crore
India Business News: NEW DELHI: State-owned insurer LIC on Friday reported a 50 per cent fall in net profit at Rs 7,925 crore for the quarter ended September 30, on lower .
Source: indiatimes.com
Stay updated with breaking news from Lic Q2. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
India Business News: NEW DELHI: State-owned insurer LIC on Friday reported a 50 per cent fall in net profit at Rs 7,925 crore for the quarter ended September 30, on lower .
LIC's net premium income fell 19 percent to Rs 1.07 lakh crore in the quarter under review from Rs 1.32 lakh crore in the year-ago period.
The chairperson highlighted that the company has worked on a total transformation of its digital services.
In the April-June FY24 quarter, the country’s largest insurer partnered with two new banks, J&K Bank and Saraswat Urban Cooperative Bank.