LIC

The two newly launched 'Eclat' Select Credit Card and the 'Lumine' Platinum Credit Card are reported to latch in a bundle of new benefits to their cardholders. LIC Cards Services Limited (LIC CSL), in partnership with the Mumbai-based…

The privatisation of India's first insurance company could take place next year. The Union Cabinet has given the go-ahead to make amendments to the General Insurance Business (Nationalisation) Act. Amendment To Remove Govt’s Stake …

LIC Earned Rs 10,000 Crore By Selling Old Shares In Last 90 Days! Market Cap Rs 8 Lakh Crore Now What do you do, when you want to sell something? You show great benefits from the purchase of it. You try to put it in a nice nifty package…

Deloitte and SBI Caps have been appointed as pre-IPO transaction advisors. The Union Cabinet has approved the disinvestment of LIC, India's largest insurer. A panel led by the finance minister will decide the quantum of stake to be…

Women Can Get Rs 4 Lakh By Paying Rs 29 Per Day: LIC's New Women-Centric Scheme LIC has now come up with a new investment policy, and this one is especially for women. All they need to do is invest Rs. 29 everyday. Life Insurance…

Both the government and the Life Insurance Corporation (LIC) intend to sell their entire stake in the IDBI Bank clarified the Department of investment and public asset management (DIPAM). A report by Economic Times said that as per…

Unions in the public sector general insurance companies and Life Insurance Corporation of India will go on strike on Wednesday and Thursday, respectively. After the two day strike -- Monday and Tuesday -- by the bankers, unions in the…

She explained that the move to privatise these banks is so that they could become bigger, citing SBI as an example.  The govt will bring in amendments to the Banking Regulations Act and Banking Law Act to move ahead with the…

This practice has been done in the past before some PSBs were consolidated. In an effort to trim the fat, two state-owned banks set to be privatised will likely offer a voluntary retirement scheme (VRS). About VRS The scheme is…

PM Jeevan Jyoti Bima Yojana will offer Rs 2 lakh insurance amount to the families who have lost their loved ones during the Covid-19 pandemic. With the increasing number of Covid-19 cases across the country, the death rate is increasing…