by AIP Online Bureau | May 19, 2025 | Briefs, Life
IDBI Bank on Monday said LIC Nominee Director Raj Kumar has ceased to hold the board seat with effect from May 18. “Raj Kumar has ceased to be LIC Nominee Director on the Board of IDBI Bank Limited with effect from May 18, 2025 on completion of his term,”...
by AIP Online Bureau | May 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy
Arunish Chawla,Secretary ,Department of Investment and Public Asset Management On the issue of further stake dilution in LIC, Chawla said the government aims to meet the minimum public shareholding requirement by the financial year ending March 2027, in line with the...
by AIP Online Bureau | Apr 23, 2025 | Indian News, Life
LIC’s total new business premium rose just two per cent Rs 2.26 lakh crore in for FY25, which included Rs 62,404.58 crore from individual new business New Delhi: Led by state owned Life Insurance Corporation(LIC), domestic life insurers recorded a marginal 5.1...
by AIP Online Bureau | Apr 1, 2025 | Health, Indian News, Life, Non-Life
LIC is reportedly in the final stages of acquiring a significant minority stake in ManipalCigna Health Insurance, a standalone health insurer. The deal, valued at Rs 3,500-3,700 crore, would see LIC owning 40-49 per cent of ManipalCigna, which is currently owned by...
by AIP Online Bureau | Mar 29, 2025 | Briefs, Life
LIC on Friday said its branches will be open during the weekend and even on Monday, which is a holiday on account of Eid in many parts of the country, to facilitate policyholders to deposit their premium. The offices of LIC under jurisdiction of zones and divisions...
