LIC Partners with IDFC First Bank to Boost Bancassurance
In a strategic move to enhance bancassurance and pursue its mission to provide life insurance coverage to all by 2047,…
17 JUL 2024
Life Insurance Corporation of India
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Life Insurance Corporation of India
LIC names Sat Pal Bhanoo as Managing Director
The Life Insurance Corporation of India named Sat Pal Bhanoo as the company’s managing director. Sat Pal Bhanoo will succeed…
20 JUL 2023
LIC completes 51% stake acquisition in IDBI Bank
Life Insurance Corporation of India (LIC) has completed the acquisition of 51 percent stake in the public lender IDBI bank’s…
21 JAN 2019
LIC board agrees on IDBI Bank stake purchase
The board of Life Insurance Corporation of India (LIC) has given its final nod to buying of 51 per cent…
16 JUL 2018
LIC Chairman resigns two years ahead of term
State-run Life Insurance Corporation of India (LIC) chairman S K Roy has reportedly tendered resignation two years before his term…
23 JUN 2016
OBC plans to acquire Rs170cr capital from LIC
The Oriental Bank of Commerce (OBC) has plans to raise Rs170cr capital by issuing 20 million shares to Life Insurance…
22 MAR 2016
LIC buys 59 per cent of NTPC’s OFS
The Life Insurance Corporation of India (LIC) bought a majority of shares in a five per cent NTPC stake sale…
27 FEB 2016
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…
03 AUG 2015
Pioneer Remains The Leader: S K Roy Chairman
Despite stiff competition from private players in the insurance space, the Life Insurance Corporation of India has been a market…
06 FEB 2015
