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Tags Posts tagged with "LIC"

Tag: LIC

M R Kumar appointed as LIC’s new chairman

The Centre has appointed M R Kumar as the new chairman of the Life Insurance Corporation (LIC). Kumar’s appointment is announced as former chairman...

IRDAI seeks LIC’s proposal on IDBI Bank stake reduction  

Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) is seeking Life Insurance Corporation of India’s proposal for paring its shareholding in IDBI...

IDBI Bank likely to consider renewal of current MD Rakesh Sharma’s...

Public sector lender IDBI Bank is planning to consider the renewal of current Managing Director Rakesh Sharma’s term for three more years, besides planning...

LIC may acquire 30% more stake in IDBI Bank

The Life Insurance Corporation of India (LIC) may soon acquire about 30 per cent additional stake in public lender IDBI Bank primarily via the...

LIC Mutual Fund partners with RBL Bank to unveil digital transaction...

LIC Mutual Fund has partnered with RBL Bank for the launch of its new digital product— Insta Redemption Solution. According to the sources, RBL Bank has created...

LIC doubles stake in IDBI Bank to 14.37%

Ignoring the IDBI Bank employees’ four-day strike to protest its privatisation, the government has further reduced its stake in the bank. The IDBI Bank, in...

EPFO funds to cross Rs.10 lakh-crore mark this month

Savings of the employees of various organisations towards port-retirement benefits is set to cross Rs.10 lakh-crore mark by year-end, according to the Employees Provident...

LIC chief SK Roy elected chairman of apex body of insurers

Life Insurance Corporation of India (LIC) chief SK Roy has been elected chairman of the Life Insurance Council, the apex industry body of insurers...

LIC targets 3 crore new policy sales this year worth around...

Life Insurance Corporation (LIC) has set the target of selling as many as 3 crore new policies worth around Rs 31,000 crore this fiscal...

LIC Housing Finance PE arm to invest in social infra projects

LICHFL Asset Management Company, the private equity and venture capital arm of LIC Housing Finance, will invest half of its Rs 529-crore realty fund...
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