LIC's NPAs double to Rs 30,000 Crore in 5 years

The gross NPAs at 6.10% have almost doubled over the last 5 years

The LIC had always maintained a stable 1.5- 2% gross NPAs before.
#ModiMadeEconomicCrisis
#BJPLeDoobi
#BJPSeEconomyBachao

https://m.businesstoday.in/story/lic-npas-double-to-rs-30000-crore-in-5-years-situation-as-bad-as-yes-bank-axis-bank/1/394352.html?utm_source=twitter&utm_medium=WAP via @[email protected]

LIC's NPAs double to Rs 30,000 crore in 5 years; situation as bad as YES Bank, Axis Bank

The big defaulters are the same as for banks. The names include Deccan Chronicle, Essar Port, Gammon, IL&FS, Bhushan Power, Videocon Industries