by AIP Online Bureau | Dec 5, 2024 | Banking & Bancassurance, Indian News, Life, Policy, Wealth Management/ Philanthropy
Reserve Bank of India on Thursday has accorded approval to our bank for divesting its shareholding in Canara Robeco Asset Management Company Ltd and Canara HSBC Life Insurance Company Ltd by 13 per cent and 14.5 per cent, respectively through Initial Public Offer...
by AIP Online Bureau | Nov 27, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy
”We have made it clear that IDBI Bank is our number one partner in bancassurance. We will retain the some stake in IDBI Bank so that the bancassurance partnership continues,” LIC Chairman Siddhartha Mohanty said Mumbai: State-owned LIC, promoter of IDBI...
by AIP Online Bureau | Oct 18, 2022 | Eco/Invest/Demography, Indian News, Policy, Workplace/Employee Benefits
High targets lead to a perception that the government will sell minority stakes in state-run companies, prompting a fall in share prices of such firms, Pandey said. New Delhi: The Indian government should focus on privatisation of state-run companies instead of...
by AIP Online Bureau | Dec 30, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life
There are fears that LIC listing may be pushed beyond March 2022 as the valuation of the state-owned behemoth is taking more than anticipated time and preparatory work is still far from complete New Delhi: With the amended general insurance business legislation, the...
