LIC

The insurer has approved alternative proofs of death in place of local death certificates to help speed up the settlement of death claims in the current situation The Life Insurance Corporation of India (LIC) released a slew of claim…

Starting May 10, 2021, office hours from Monday to Friday would be 10 AM to 5:30 PM State-owned LIC will have five working days starting from May 10 since Saturdays have been declared as a holiday for the insurer. According to a…

The government of India (GoI) along with LIC will dilute a certain extent of their stakes in IDBI Bank after consultation with RBI. The Cabinet Committee on Economic Affairs (CCEA) has approved for IDBI Bank to be disinvested to private…

LIC Books Rs 37,000 Crore Profit In 12 Months: Their Highest In 65 Years! Invests Rs 94,000 Crore In Share Market Life Insurance Corp. of India (LIC) the largest domestic institutional investor in the country has a record Rs 37,000…

LIC Triggers 300% Growth In 12 Months; Collects Rs 1.84 Lakh Crore Premium, Their Highest Ever! LIC declared on Tuesday that it has collected Rs 1.84 lakh crore as of March 31, 2021, making it the highest ever new business premium…

On Saturday, Chief Economic Adviser (CEA) K V Subramanian said that the proposed initial public offering (IPO) by LIC itself could garner ?1 lakh crore for the government and in the light of same the disinvestment target…

The privatization of LIC and other public sector banks has been doing the rounds in the media. The government has revealed the ambitious plans for the privatization of the insurance behemoth. In a recent announcement about the…

The Government has had made grand plans of disinvestment of public sector banks, recently through the announcements during the Budget 2021-22 made by Finance Minister Nirmala Sitharaman. Apparently, banking unions are not particularly…

Read to know about the prominent IPOs on the cards for 2021 Encouraged largely by money coming back to the table, Indian market will see several companied go public in 2021 just like they did in 2020. A pick up investment activity…

LIC Hired 100% More Insurance Agents This Year: Find Out The Reason Why? While many are facing issues with unemployment and job loss, the Insurance sector in the country is witnessing an increased rate of hiring during the ongoing…