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SIDDHARTHA MOHANTY
Sat Pal Bhanoo gets additional charge as LIC MD & CEOSat Pal Bhanoo has been entrusted with the additional charge of MD and CEO of LIC, effective from June 8, 2025, until September 7, 2025, or...- LIC bags Guinness world record for selling highest number of life insurance policies in 24 hrsLife Insurance Corporation of India has secured a Guinness World Record for selling the highest number of life insurance policies within a ...
- LIC shares gain 1% as insurer plans health insurance stake purchase by March 31LIC shares increased over 1% after confirming its final-stage discussions to acquire a stake in a health insurance company. CEO Siddhartha ...
- LIC to unveil health foray deal by Mar 31: CEOLife Insurance Corporation of India (LIC) is set to announce its decision to acquire a minor stake in a health insurance company by the end...
- Game changer? LIC may enter indemnity health insurance by buying stand-alone private insurer, says CEOSiddhartha Mohanty, CEO & MD of LIC, discussed the company's plans to enter the indemnity health insurance sector by potentially acquiring ...
- LIC wants to double AUM to Rs 100 lakh crore within 5 years; focus on top-line growth: Siddhartha MohantyLIC CEO Siddhartha Mohanty noted an increase in AUM to Rs 53.58 lakh crore, marking 16.2% growth. Operational efficiency improved, leading ...
- Expect LIC’s VNB margin to grow 2-3%, India embedded value to surge at least 10% in FY25: Siddhartha MohantyLIC Chairperson Siddhartha Mohanty highlights significant growth in India embedded value and VNB margins, aiming for further growth. Market...
- LIC presents Rs 2,441 cr dividend cheque to SitharamanOn Friday, the Life Insurance Corporation of India (LIC) paid a dividend of Rs 2,441 crore to the government. Finance Minister Nirmala Sith...
- Now people are reposing faith in LIC and we expect this to continue: Siddhartha MohantyLIC has enabling provisions to invest in banks like HDFC Bank. Their equity investment is about 20-25% of total AUM, and they have a balanc...
- LIC requests access to RBI's database on large creditorsThe RBI's department of supervision handles the CRILC, which stores data on credit exposures of all borrowers. Noting that insurance firms'...
- LIC in active discussion with RBI for access to debt data via CRILC: Siddhartha Mohanty"The lack of access to CRILC tilts the balance negatively towards LIC as despite being the largest market participant, we are not present o...
- LIC presents dividend cheque of Rs 1,831 crore to Finance Minister Nirmala SitharamanLIC Chairman Siddhartha Mohanty presented the dividend cheque as the government's share of dividend in the presence of Department of Financ...
- LIC eases claim process norms for Odisha train accident victimsThe Corporation also announced many concessions to mitigate the hardships of the claimants of LIC policies and also of the Pradhan Mantri J...
- LIC’s investment policy not affected by specific stock moves: Chief Mohanty on Adani sagaSiddhartha Mohanty, the chairperson of Life Insurance Corporation of India (LIC), said that the insurer's investment policy is in place and...
- India govt appoints Siddhartha Mohanty as LIC ChairmanIndia's government on Friday appointed Siddhartha Mohanty as the chairman of state-run Life Insurance Corp of India until June next year, a...
- FSIB recommends Siddhartha Mohanty as LIC chairmanThe Financial Services Institutions Bureau (FSIB) on Thursday recommended the name of Siddhartha Mohanty as the chairman of Life Insurance ...
- Siddhartha Mohanty shortlisted as new LIC ChairmanMohanty at present is a managing director with the country's largest insurer and was earlier given interim charge as chairman for a period ...
- Govt appoints Siddhartha Mohanty as interim chairman of LICCurrently, Mohanty is MD and CEO of LIC Housing Finance. He was appointed as the MD of Life Insurance Corporation (LIC), effective February...
- Over 25 anchor investors evinced interest for LIC issue offer: OfficialAn official of one of the lead managers said 50 per cent of the offer is reserved for QIPs, including anchor investors. He said 35 per cent...
- Affordable homebuyers to see EMIs come down“We are writing to the eligible borrowers, those with income below Rs 6 lakh and have purchased homes in the affordable category, and infor...
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