LIC gets board nod for branch in GIFT City – Times of India

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NEW DELHI: LIC on Tuesday said its board has approved a proposal to set up a branch office in GIFT City, Gujarat. LIC’s presence in GIFT City will enable the company to expand its global business. At present, GIFT IFSC is the maiden international financial services centre in India. Last month, LIC chairman Siddhartha Mohanty had said “this will enhance our foreign operations”.


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