LIC cover for IDBI Bank?

https://wap.business-standard.com/article/opinion/leave-lic-alone-118062501255_1.html
Infuse professionalism
There's nothing wrong in LIC investing in IDBI Bank's equity. Any investment decision by LIC should be guided by the insurer's responsibility to the policyholders as LIC acts as a "Trustee" for their savings. LIC's investment decisions should not be under pressure from GOI.
Government should insulate LIC's investment for public causes by appropriate guarantees/incentives.
M G Warrier
Mumbai

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