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Harika Enjamuri

27th Jan · SEBI-Registered Analyst

LIC Commits ₹5,120 Crore to Bajaj Finance Debentures, Strengthening Its Fixed-Income Portfolio

Life Insurance Corporation of India (LIC) has professionally deployed ₹5,120 crore into secured non-convertible debentures (NCDs) issued by

BAJFINANCE
, subscribing to 512,000 instruments with a face value of ₹1 lakh each, marking a significant fixed-income strategy move; these privately placed debentures carry a competitive coupon and structured repayment schedule designed to deliver steady returns over the long term, affirming LIC’s ongoing focus on diversified, risk-adjusted investments across high-quality credit assets. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.

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