Current Affairs · Banking and Finance
Which Indian insurance giant entered into Forward Rate Agreements (FRAs) worth USD 1 billion with JPMorgan Chase & Co. and Bank of America to hedge against interest rate risks and market volatility?
- 1SBI Life Insurance
- 2ICICI Prudential Life Insurance
- 3Life Insurance Corporation of India (LIC)✓
- 4HDFC Life Insurance
Correct answer
Life Insurance Corporation of India (LIC)
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