LIC

LIC launches Atma Nirbhar Agents New Business Digital Application

LIC launches Atma Nirbhar Agents New Business Digital Application

Life Insurance Corporation of India launched its first Digital Application, “ANANDA”, an acronym for Atma Nirbhar Agents New Business Dig...Read More

LIC hikes stake in IRB Infra to 5.27% in Sep quarter

LIC hikes stake in IRB Infra to 5.27% in Sep quarter

LIC has raised its stake in IRB Infrastructure Developers, which operates the iconic Mumbai-Pune Expressway, to 5.27 per cent in the Sept...Read More

LIC shows sterling performance amid COVID-19 lockdown, garners first year premium income of Rs 25,000 crore

LIC shows sterling performance amid COVID-19 lockdown, garners first year premium income of Rs 25,000 crore

Under its Jeevan Shanti plan, LIC collected Rs 11,456 crore as first year premium.

IRDAI identifies LIC, GIC, New India Assurance systemically important insurers

IRDAI identifies LIC, GIC, New India Assurance systemically important insurers

Regulator IRDAI has identified LIC, GIC and New India Assurance as domestic systemically important insurers (D-SIIs) and subsequently de...Read More

Top brands' value declines 6% in 2020; next year likely to be tough: WPP

Top brands' value declines 6% in 2020; next year likely to be tough: WPP

It will not be easier till the economy - which is expected to contract by up to 10 per cent in FY2021 - returns back to growth mode, Pree...Read More

Primary markets see revival in second half of CY20

Primary markets see revival in second half of CY20

The sharp turnaround in the secondary markets with the broader market also participating in the rally, has enlivened the primary markets ...Read More

Life Insurance Corporation of India becomes 65 years young

Life Insurance Corporation of India becomes 65 years young

Life Insurance Corporation of India (LIC) enters 65th year of its existence on September 1, 2020. LIC has spread its wings from being the...Read More

SEBI fines SBI, LIC, BoB for violation of mutual fund norms

SEBI fines SBI, LIC, BoB for violation of mutual fund norms

The regulator observed that the SBI had, in June 2018, intimated the SEBI that it holds 18.24 per cent of equity shares of UTI Asset Mana...Read More

Yes Bank shares jump 5 pc as LIC hikes stake

Yes Bank shares jump 5 pc as LIC hikes stake

New Delhi: Shares of Yes Bank on Friday rose 5 per cent after LIC acquired close to 5 per cent shareholding in the bank by purchasing sha...Read More

LIC ups its stake in YES bank; stock jumps

LIC ups its stake in YES bank; stock jumps

State-run insurer, Life Insurance Corporation of India (LIC), has increased its stake in private lender Yes Bank to 4.98 per cent through...Read More

LIC's new premium income soars 25% to Rs 1.78 lakh crore in FY20

LIC's new premium income soars 25% to Rs 1.78 lakh crore in FY20

Life Insurance Corporation on Thursday declared a marginal 1.31 per cent higher policy payout at Rs 2,54,222.3 crore for 2019-20 despite ...Read More

Government intensifies move to divest in LIC, says LIC union president Binoy Viswam

Government intensifies move to divest in LIC, says LIC union president Binoy Viswam

Life Insurance Corporation of India (LIC), which is 100 per cent owned by the Government, has been in the disinvestment list of the India...Read More

India’s top 100 valued brands: Tata Group and LIC stay put, Reliance overtakes Infosys in ranking

India’s top 100 valued brands: Tata Group and LIC stay put, Reliance overtakes Infosys in ranking

While Tata Group is valued at USD 20,001 million, state-run LIC is valued at USD 8,106 million, according to Brand Finance India, in its ...Read More

LIC’s scheme for senior citizens: Find out what Pradhan Mantri Vaya Vandana Yojana is all about

LIC’s scheme for senior citizens: Find out what Pradhan Mantri Vaya Vandana Yojana is all about

This policy is available online and offline from today

LIC ups market share, settles over 2 crore claims

LIC ups market share, settles over 2 crore claims

Individual New Business performance of the Corporation as at March 2020 has shown impressive figures of 2.19 crores in number of policies...Read More

Amid coronavirus outbreak, LIC records highest number of policies in six years in FY20; settles over 2 crore claims

Amid coronavirus outbreak, LIC records highest number of policies in six years in FY20; settles over 2 crore claims

The novel coronavirus outbreak and subsequent lockdown has forced businesses to stay shut and people to stay homebound. Many people as we...Read More

Covid-19: Insurance policyholders get extra time to pay premiums…

Covid-19: Insurance policyholders get extra time to pay premiums…

The Government has allowed motor and health insurance policy holders to defer payment of their renewal premium falling due during the per...Read More

Pension Funds fastest-growing funds: Balaram Bhagat

Pension Funds fastest-growing funds: Balaram Bhagat

The changing regulatory framework can be seen as a potential challenge for pension fund managers. But fund manager, UTI Retirement Soluti...Read More

LIC listing may get delayed: Fitch

LIC listing may get delayed: Fitch

New Delhi: The Indian government's proposed IPO of state-owned Life Insurance Corporation of India (LIC) will improve the accountability ...Read More

6-7% LIC stake dilution enough 
to mop up Rs 90,000 crore: K.V. Subramanian

6-7% LIC stake dilution enough to mop up Rs 90,000 crore: K.V. Subramanian

As per Budget 2020, out of the Rs 2.1 lakh crore target, Rs 1.2 lakh crore is expected to come from IPOs, strategic stake sales, buybacks...Read More

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