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flag India's LIC plans to acquire a stake in a health insurer and issue long-term bonds by March 31st.

flag India's Life Insurance Corporation (LIC) plans to decide by March 31st on acquiring a stake in a health insurance company, aiming to enter a competitive market dominated by private insurers like Star Health and Aditya Birla. flag LIC, the country's largest insurer, intends to acquire a minority stake. flag The company is also exploring the issuance of long-term bonds, with maturities of up to 100 years.

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