Last week, state-owned LIC said it has ₹35,917.31 crore investment in Adani Group’s debt and equity securities. The amount is 0.975% of the insurer’s total assets under management of more than ₹41.66 lakh crore.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may