Monday, 27 November, 2023

LIC Explores Establishment of Fintech Arm, Says Chairman Siddhartha Mohanty

India's Life Insurance Corporation (LIC) is actively considering the creation of a fintech arm, according to Chairman Siddhartha Mohanty. The exploration aligns with LIC's strategic initiatives to leverage technology in the financial sector. The move indicates LIC's commitment to staying ahead in the evolving landscape of financial services by potentially integrating innovative fintech solutions to enhance customer experiences and operational efficiency.