Question
LIC recently increased its stake in which public sector
bank from 4.05% to 7.10%?Solution
Life Insurance Corporation of India (LIC), a major institutional investor in India, raised its stake in Bank of Maharashtra from 4.05% to 7.10% in 2024. This increase was part of its broader investment strategy to strengthen its portfolio in public sector banks.
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(Note: Operations should be performed o...
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