LIC in crisis: insurance premium to be paid now, how much safe and deposit will be given to the most diversified bank

The Central Government has started a new exercise to tackle the problem of non-performing assets raised against government banks in the country. In the beginning of the year, the central government has approved a reimbursement program of 2.1 lakh crore in January to liberate banks from NPA. Now it is in the process of handing IDBI Bank, which has the highest NPA-rated life to the country's largest insurance company Life Insurance Corporation of India. The Modi government is sitting on the people to dip money. People are drinking water from the common people to get back the banks who have been able to reimburse them. The banks have immersed themselves in their own sins. Earning banks thrive consumers and millions of taxpayers have a loan. The rules regarding the adoption of these loans are largely ignored by the scams that are being overlooked. Banks' Annepee has crossed the 7 million-mark mark.

In LIC, the majority of the people in the country have a credible capital and they keep thousands of millions of rupees from saving themselves in LIC's policy. With the help of this money, the future of the investor person and his family remains secure. But now the central government is surrendering to a bank in the rescue operation. It is clear that every year the money which we deposit as a premium in LIC's policy.

Is this the decision of the country's LIC customers?

Now it will be used to protect banks from sinking. But the question is whether this decision is in the interest of the LIC customers of the country? Is this decision of the central government guaranteed that the NPA problem of IDBI will be overcome by doing so? In the end, will this decision make LIC's customers secure the biggest investment of their lifetime? Currently, IDBI Bank, which is part of the country's 21 public sector banks, accounts for 85% of the central government.

During the financial year 2018, the central government has given Rs 10 thousand 610 crore to help the bank under its recapitalization program. IDBI Bank is the largest NPA-accredited bank in the country's Bimanu Government Banks.
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