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Tags Posts tagged with "LIC"

Tag: LIC

Banks Board Bureau identifies 75 senior officers for leadership roles in...

The Banks Board Bureau (BBB) has identified 75 senior management personnel from public sector banks for handling the leadership role in future.BBB is the...

LIC gets 12 years from RBI for reducing stake in IDBI...

The Reserve Bank of India (RBI) has granted 12 years to Life Insurance Corporation to bring down its stake in IDBI Bank. This step was...

Vipin Anand takes charge as Managing Director of LIC

Vipin Anand took charge as the Managing Director of Life Insurance Corporation of India (LIC). Prior to this position, Anand was appointed as the...

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...
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