
ESIC to invest in stock market; awaits SEBI nod
The Employees’ State Insurance Corporation (ESIC) wants to invest surplus funds in the stock market through exchange traded funds (ETFs) and is awaiting Securities and Exchange Board of India (SEBI) nod for an exemption from the ₹25 crore per transaction limit. As of March 31, 2024, the social security body’s investments in government and other...
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