Life Insurance Corporation of India (LIC) is set to announce its decision to acquire a minor stake in a health insurance company by the end...

LIC also paid an interim dividend of Rs 2,441.45 crore on March 1, 2024, thus totaling Rs 6,103.62 crore dividend paid to the Centre for th...

Siddhartha Mohanty, CEO & MD of LIC, discussed the company's plans to enter the indemnity health insurance sector by potentially acquiring ...

LIC CEO Siddhartha Mohanty noted an increase in AUM to Rs 53.58 lakh crore, marking 16.2% growth. Operational efficiency improved, leading ...

LIC Chairperson Siddhartha Mohanty highlights significant growth in India embedded value and VNB margins, aiming for further growth. Market...

On Friday, the Life Insurance Corporation of India (LIC) paid a dividend of Rs 2,441 crore to the government. Finance Minister Nirmala Sith...

LIC 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...

The RBI's department of supervision handles the CRILC, which stores data on credit exposures of all borrowers. Noting that insurance firms'...

"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 Chairman Siddhartha Mohanty presented the dividend cheque as the government's share of dividend in the presence of Department of Financ...

The Corporation also announced many concessions to mitigate the hardships of the claimants of LIC policies and also of the Pradhan Mantri J...

Siddhartha Mohanty, the chairperson of Life Insurance Corporation of India (LIC), said that the insurer's investment policy is in place and...

India's government on Friday appointed Siddhartha Mohanty as the chairman of state-run Life Insurance Corp of India until June next year, a...

The Financial Services Institutions Bureau (FSIB) on Thursday recommended the name of Siddhartha Mohanty as the chairman of Life Insurance ...

Mohanty at present is a managing director with the country's largest insurer and was earlier given interim charge as chairman for a period ...

Currently, Mohanty is MD and CEO of LIC Housing Finance. He was appointed as the MD of Life Insurance Corporation (LIC), effective February...

“We are writing to the eligible borrowers, those with income below Rs 6 lakh and have purchased homes in the affordable category, and infor...