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Govt plans up to 2% LIC stake sale, may raise Rs 10,000 croreThe government plans to sell up to a 2% stake in LIC, potentially raising Rs 10,000 crore. This move aims to deepen public shareholding ami...- LIC shares drop 4% on Rs 10,000 crore govt stake sale buzzLIC shares fell as much as 4% on Wednesday after a report said the government may begin formal marketing next month for a proposed stake sa...
- India said to prepare Rs 10,000 crore LIC stake sale next monthIndia is preparing to launch a new share sale for Life Insurance Corporation of India next month. This offering could bring in as much as R...
- Priority sector lending boosts inclusion, not always guarantee growth: EAC-PMIndia's priority sector lending has aided financial inclusion for decades. However, a recent report suggests that simply increasing directe...
- Rs 10 lakhs in hand for investment, man questions how to beat inflation? He debates the safest option: mutual funds or goldA man’s query about investing Rs 10 lakh for his grandparents has sparked an online discussion on how to balance safety and returns in the ...
- Banks write off loans worth Rs 9.75 lakh cr in last 11 yearsThe write off peaked in FY20 at Rs 1.59 lakh crore, and since then it has been declining to Rs 47,568 crore in FY25. Banks have written off...
- India govt open to selling stake in GIC Re, LIC in FY24/25, says sourceThe Indian government is likely to sell a minority stake in General Insurance Corporation of India and Life Insurance Corporation of India ...
- Amplify Chandrayan success, promote scientific temper: Govt to banksIn meetings with chief executives of banks and financial institutions over the last two months, a suggestion was made that the details of C...
- LIC to announce its Q1 results on August 10Life Insurance Corp (LIC), India's state-owned insurance giant, will release its unaudited financial results on August 10. The company's sh...
- Sat Pal Bhanoo appointed Managing Director of LICBhanoo is currently serving as the Additional Zonal Manager of LIC in Bhopal.
- 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...
- Centre receives multiple preliminary bids for 61% stake in IDBI BankThe 60.72% stake in IDBI Bank is being sold by the government and Life Insurance Corporation (LIC), for which they had invited bids for in ...
- Rahul Gandhi says Modi government undervalued LICLIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and poli...
- LIC IPO likely to open between May 4-9; govt eyes RHP this weekThe issue size is expected to be worth Rs 21,000 crore, valuing the country's largest insurer at Rs 6 lakh crore.
- Potential investors in LIC's giant IPO fret over govt control of insurer"The government tends to act as a regulator, manager and shareholder and it tends to get its position confused at different points of time,...
- LIC pension policyholders can submit life certificate via emailLIC has also has relaxed the death claim settlement process. To allow speedy settlement of death claims in the prevailing situation where d...
- Outperform LIC Housing Finance Ltd., target Rs 625 : Credit SuisseOutperform LIC Housing Finance Ltd. at a price target of Rs 625.0 and a stop loss at Rs $stopLossL from entry point
- Sell Bank of India, target Rs 65: CLSAThe stress in the asset quality rose from RBI-directed downgrades (AQR), steel, and infrastructure companies.
- Life Insurance Corporation plans to double number of products: SK Roy, Chairman"LIC predominantly has long-term liability and we are always on the lookout for long-term duration paper. LIC will take advantage of this,"...
- Insurance claim cannot be rejected on employer's default: PanelLife insurance company cannot reject a claim filed by the family of a deceased, if his employer defaults in paying his policy's premium. Ke...
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