LIC

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

Faultlines in the path of PSU privatisation

Faultlines in the path of PSU privatisation

The Economic Survey for 2019-20, on page 158 in Chapter 7 puts it on record that “PSBs are clearly not efficient today”. This is the stat...Read More

LIC staff union to hold an hour-long walk-out strike today to protest against IPO

LIC staff union to hold an hour-long walk-out strike today to protest against IPO

The walk-out will take place at all offices of the insurance behemoth across the country.

Centre attempting to promote privatisation through disinvestment of LIC and IDBI Bank, says Shiv Sena

Centre attempting to promote privatisation through disinvestment of LIC and IDBI Bank, says Shiv Sena

Mumbai: Shiv Sena, through its mouthpiece Saamana, said that centre is making an attempt to promote privatisation by announcing the disin...Read More

LIC listing in second half of FY21  with 10% dilution: Finance Secretary

LIC listing in second half of FY21 with 10% dilution: Finance Secretary

As per market regulator SEBI's norms all companies with a post-issue capital above Rs 4,000 crore are compulsorily required to offer at l...Read More

3.8% fiscal deficit target looks ambitious: SBI Research

3.8% fiscal deficit target looks ambitious: SBI Research

The revised deficit target is propped on the belief that the divestment will fetch Rs 65,000 crore through the next two months.

Budget 2020: Spelling reforms for the financial sector

Budget 2020: Spelling reforms for the financial sector

Given the importance of the financial sector in bringing about growth in the economy, the Budget has addressed some critical concerns tho...Read More

LIC mightbe India's Aramco

LIC mightbe India's Aramco

Mumbai: In what may lead to India's own Aramco moment, Finance Minister Nirmala Sitharaman on Saturday proposed to launch an initial publ...Read More

Budget 2020: Government to sell stake in LIC via IPO as part of disinvestment initiative

Budget 2020: Government to sell stake in LIC via IPO as part of disinvestment initiative

On Saturday, Finance Minister Nirmala Sitharaman said insurance behemoth Life Insurance Corporation (LIC) will be listed as part of the g...Read More

LIC assistant mains result 2019 declared; check at licindia.in

LIC assistant mains result 2019 declared; check at licindia.in

Life Insurance Corporation of India has released the LIC Assistant Mains Result 2019 in January 16. Candidates who have appeared for the ...Read More

LIC, SBI, BoB to reduce stake to sub-10% in UTI AMC by Dec ‘20

LIC, SBI, BoB to reduce stake to sub-10% in UTI AMC by Dec ‘20

New Delhi: Markets regulator Sebi on Friday directed three public sector financial institutions -- LIC, SBI and Bank of Baroda -- to dilu...Read More

Now you can revive your lapsed LIC policy of over 2 years

Now you can revive your lapsed LIC policy of over 2 years

New Delhi: State-owned Life Insurance Corporation (LIC) on Monday permitted its policyholders to revive their lapsed policies of over 2 y...Read More

Reality check: LIC, lender of last resort to government?

Reality check: LIC, lender of last resort to government?

The statement was in response to news circulating on various social media platforms, as well as in mainstream media, about the alleged er...Read More

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