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SBI pays Rs 8,813 crore dividend to government for FY26, FM Nirmala Sitharaman receives chequeThe State Bank of India (SBI) presented a dividend cheque of Rs 8,813 crore to the government for the financial year ending March 31, 2026....- The curious case of Rajesh Exports: Massive revenues, meagre profitsIndia's fourth-largest company, Rajesh Exports, faces a Sebi probe for alleged financial fraud. Investigations point to accounting irregula...
- We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
- Non-life insurers seen holding up better than life peersIndian insurers anticipate subdued Q4 earnings due to equity market declines impacting investment gains. While life insurers face muted pro...
- LIC refutes Washington Post report on $3.9 bn Adani investmentLife Insurance Corporation of India (LIC) has vehemently denied a Washington Post report alleging government pressure to invest $3.9 billio...
- LIC's bond FRA entry to boost demand for long-dated g-secsThe country's largest insurer - which has a total asset under management (AUM) of ₹53.5 lakh crore including 40% in government bond books -...
- In a first, LIC plays anchor for Nabard's infra bond saleInvestment documents seen by ET showed that LIC is the anchor investor for the ₹5,000-crore infrastructure bond sale by Nabard on December ...
- New Mr Bond on Debt Street: LIC steps up buys of top-rated NBFC & corporate papersLIC subscribed to a lion's share of Reliance's ₹20,000-crore bond sale last month, while also taking up a major portion of a bond sale earl...
- How to apply for duplicate LIC policy bondIf a policy bond is partially destroyed due to natural disasters such as fire or flood, the remaining portion can be returned to LIC as pro...
- IDBI bank manager held for swindling money from customers' accountsAccording to police, 34-year-old Sajila, a relationship manager attached to IDBI bank, Mission Road branch in Bengaluru is the arrested per...
- LIC seeks buyers for Rs 3,400 crore RCap bondsLIC, which raised Rs 20,560 crore in a public offer last month, had gross NPAs to the extent of 7.78%, or about Rs 35,130 crore, of its boo...
- LIC to give credit up to Rs 8,000 crore to NHAI this fiscalLIC subscribed to two tranches of bonds with 30-year maturities on exchange bidding platforms.
- IRFC's Rs 5,000 crore bond issuance to LIC gets govt guarantee
- Finance ministry okays LIC’s Rs 1.5 lakh crore funding of Indian RailwaysLIC had signed a MoU two years ago to invest in the railways through bonds but since this would take its exposure to more than 25% of IRFC’...
- Government asks LIC to fund road expansion projectsThe road transport and highways ministry hopes to sign an agreement with LIC for the purchase of annual bonds issued by the NHAI.
- Rail bonds: LIC's hard bargain ensures good pricingLIC has made a hard bargaining for its Rs 1.5 trillion investments in Railway bonds by ensuring a coupon rate above 10 basis points higher ...
- LIC can't issue infra bonds over regulatory glitchThe Life Insurance Corporation, or LIC, will not be able to issue tax-saving infrastructure bonds aggregating Rs 5,000 crore to retail inve...
- Infra bonds: LIC wants govt to clear the airLife Insurance Corporation (LIC) has sought clarification from the government on the issue of infrastructure bonds.
- LIC rescues investors with 'unwanted' bondsLife Insurance Corporation of India (LIC) has come to the rescue of investors saddled with special bonds issued by the government, which ar...
- LIC rescues investors with 'unwanted' bondsLife Insurance Corporation of India (LIC) has come to the rescue of investors saddled with special bonds issued by the government, which ar...
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