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LIC SOVEREIGN GUARANTEE
LIC refutes claims of 'favouritism' by governmentLIC has refuted US claims of receiving 'special treatment' from the Indian government and regulators, stating it operates in a competitive ...- India seeks investment by LIC, pension fund in green bonds: SourcesThe power ministry has written to the finance ministry asking that the LIC and Employees' Provident Fund Organisation (EPFO) be mandated to...
- Lifestyle changes for LIC before migrationBy broadening the pool of retail investors in LIC's initial public offering (IPO), GoI could revive a stalled disinvestment programme that ...
- Here's what it will take to list LICAmendments to Sections 37, 24 and 28 of the LIC Act likely
- LIC IPO back on the table: A money-back plan?LIC is a household name and stays top in the field even after facing private competition for last 20 yrs.
- LIC will invest up to Rs 26,000 crore in IRFC“IRFC will issue bonds to LIC to ... meet its borrowing requirements. The cost of borrowing looks cheap compared to other market rates,” .
- LIC as good as sovereign, so what is the issue?LIC is an insurance company, and insurance policies that are bought can broadly be classified in three categories.
- IRFC in talks with government for sovereign guarantee to bondsIndian Railways had signed a memorandum of understanding in March 2015 with the state-run insurer to seek Rs 1.5 lakh crore over a period o...
- 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’...
- IRDA for special status to Railways' bondsSuch a move would reduce the cost of borrowing for the Railways, hedge LIC’s investment and expand its investment limit.
- Moody's downgrades LIC on ONGC, banks exposureThe ratings agency downgraded LIC to Baa3 from Baa2 with a stable outlook, in line with its Baa3 sovereign rating for India, which is the l...
- Government for lowest price for Air India bondsIn the next few months, Air India will float Rs 7,400-crore non-convertible debentures backed by sovereign guarantee.
- LIC (Amendment) Bill 2009 passed in the Lok SabhaLife Insurance Corporation (Amendment) Bill 2009 was passed in the Lok Sabha amongst opposition from key parties and a walk out by the Left...
- AIIEA asks Centre to withdraw LIC Amendment BillAIIEA has asked Centre to withdraw the proposed LIC Amendment Bill (2009 & Insurance Law Bill, failing which it would go on agitation
- Sovereign guarantee for all policies issued by LIC will continueThe insurer also gets to regulate the terms and conditions of its agents and recruitment procedure for employees and agents.
- LIC wants to open S'pore arm, to apply for licenceState-run Life Insurance Corporation of India (LIC) will seek licence from the Singapore government to set up a subsidiary to sell policies.
- Govt tables Bill to up LIC equity base 20-fold, cap guaranteeThe government on Friday moved a Bill seeking to amend the over 50-year-old Life Insurance Corporation Act in the Lok Sabha.
- Govt guarantee on LIC policies to continueLife Insurance Corporation’s (LIC) 16 crore policyholders can heave a sigh of relief with the government planning to continue with its guar...
- LIC may seek fresh equity to meet solvency normsLife Insurance Corporation of India (LIC) will seek fresh equity infusion from the Centre to meet its solvency margin norms.
- Irda wants Govt to revoke guarantee for LIC policiesIn its effort to ensure a level-playing field for private players in the insurance industry, the Irda has recommended that the government s...
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