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Credit card by LIC in next 7 months

LIC to launch its credit card in early 2008.

Apnainsurance.com Research Bureau

14 Sep 2007

Life Insurance Corporation (LIC) will launch its credit card in the next seven months.

LIC has entered into an agreement with GE Money and Corporation Bank to form a separate company for the credit card business. LIC Housing Finance and LIC Mutual Fund are also partners in this venture.