LIC

Life Insurance Corporation of India has received approval from the RBI to raise its stake in Kotak Mahindra Bank to up to 9.99%, the bank informed the stock exchanges on…

After recording impressive growth in September, new business premiums (NBP) of 24 life insurance companies degrew 5 per cent year-on-year (YoY) in October, mainly due to Life Insurance Corporation (LIC)…

LIC of India, is seeking to change its product mix such that policies rewarding equity investors gain a bigger share of business while maintain its dominance in a rapidly expanding…

Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey has said that the much-awaited LIC IPO is expected to hit the market by the fourth quarter of the…

  The government is pushing to launch the initial public offering of Life Insurance Corporation of India by next March. "We are pushing to have it done," Sitharaman said in…

  LIC Housing Finance extended its lowest home loan rate of 6.66% for the festive season. Customers can avail themselves of home loans for up to Rs. 2 crore. In…

  BC Patnaik has taken charge as Managing Director of Life Insurance Corporation of India. "He was appointed as Managing Director by Government of India notification dated July 5, 2021,"…

M Jagannath has recnetly took charge as Zonal Manager of Life Insurance Corporation of India, South Central Zone, Hyderabad, covering Andhra Pradesh, Telangana and Karnataka in its jurisdiction. Before taking…

Life Insurance Corporation of India has recently said that it has collected highest-ever first year premium of Rs. 1.84 trillion for fiscal year ending March, 2021. The corporation continued its…

The new fiscal year 2020-21 has started for about 1.14 lakh employees of LIC on a happy note with over 25% hike in their pay packets. The Central Government has…