LIC chief on its insurance business, investment plans and Vedanta delisting

State-owned Life Insurance Corporation is in an interesting place. The COVID-19 pandemic has given a fillip to insurance businesses, which bodes well for LIC, gives its position as the country’s biggest insurer.

Besides, LIC is always in the news for its investment decisions – given its huge investment corpus drawn from insurance premia it collects. The most recent example being its stand on the Vedanta delisting, where LIC’s stand could make or break the company’s attempt to go private.

In an interview with CNBC-TV18, LIC India MD, Vipin Anand talks about a wide range of issues, from IDBI Bank to its investments plans to the Vedanta delisting.