Bank officers' union AIBOC opposes privatisation of IDBI BankAIBOC has criticised the government's decision to privatise IDBI Bank, calling it a betrayal of parliamentary assurances made in 2003. The ...
27 Aug, 2025, 08.35 PM IST
LIC launches marketing tech platform under project DIVE; set to redefine customer engagementState-owned Life Insurance Corporation of India (LIC) has launched its MarTech platform, marking the first significant step in its Project ...
14 Feb, 2025, 10.45 PM IST
Infosys ties up with LIC to push digital transformationInfosys has been chosen by Life Insurance Corporation (LIC) to lead its digital transformation with the NextGen Digital Platform. This init...
16 Sep, 2024, 05.50 PM IST
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...
28 May, 2024, 03.08 PM IST
LIC Housing Finance plans to raise funds via green bonds in next financial yearLIC Housing Finance will have its board meeting on March 7 to consider and approve the borrowing plan for 2024-2025 through loans or issue ...
03 Mar, 2024, 02.45 PM IST
LIC to play key role in achieving 'Insurance For All by 2047: ChairmanLIC is planning to launch a product specifically designed for rural areas to achieve 'Insurance For All by 2047'. The product will consist ...
17 Dec, 2023, 03.35 PM IST
LIC exploring possibility of setting up fintech arm: chairman Siddhartha MohantyIt is to be noted that LIC has added three fintech companies as corporate agents so far in the current year for product distribution. The i...
26 Nov, 2023, 01.26 PM IST
LIC exploring possibility of setting up fintech arm: Chairman"Our objective is to get best in class digital initiatives for all our stakeholders, customers, intermediaries, marketing people and everyb...
26 Nov, 2023, 01.23 PM IST
Digital transformation of all operations on LIC agenda, says Chairman MohantyLife Insurance Corporation of India (LIC) says last quarter's earnings of INR9,543 crores ($1.3bn) was sustainable and profit was likely to...
12 Aug, 2023, 06.37 AM IST
LIC chairman on Adani holdings, IDBI stake & growth at 15% CAGR"This year we are taking on a big digital transformation project for the entire operation of LIC. This digital transformation project will ...
11 Aug, 2023, 04.00 PM IST
LIC seeks bids for consultancy services for its digital transformationThe strategy drawn should be in line with LIC's business strategy with the aim of organizational growth, sustainable competitive advantage,...
28 Dec, 2021, 09.44 PM IST
LIC Housing Finance disburses Rs 1,331 crore of loans via mobile appIt said the 'Homy' app facilitated 14,155 customer home loan applications since its launch on February 14, 2020. More than 7,300 of these c...
19 Feb, 2021, 03.22 PM IST
LIC Housing sees record monthly disbursals in SeptIn July, the mortgage lender had slashed home loan rates to an all-time low interest rate of 6.9 per cent for home loan borrowers.
09 Oct, 2020, 07.23 AM IST
LIC assets rise to Rs 31.11 lakh croreWith the increased business, the market share of the insurer rose to 73.1 per cent at the end of July 2019.
01 Sep, 2019, 07.38 PM IST
HP launches 'Centre of Excellence' to support Digital IndiaThe 4,000 square-feet facility aims to showcase multiple solutions for sectors such as education, healthcare, BFSI, and manufacturing.
08 Mar, 2017, 02.57 PM IST
LIC MF and Standard Chartered bank team up for UPIThis platform would help retail investors to participate actively in mutual fund investment opportunities.
13 Dec, 2016, 10.30 AM IST
7 disruptions that could leave a mark on marketsAxis Capital has highlighted seven disruptive trends that can transform several sectors of the Indian economy in this decade like agricultu...
09 Jun, 2016, 06.28 AM IST