by AIP Online Bureau | Aug 1, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
The Indian government, which owns 45.48% in IDBI Bank, and state-owned Life Insurance Corporation of India which holds 49.24%, together plan to sell 60.7% of the lender MUMBAI/NEW DELHI: The Reserve Bank of India(RBI) has completed its review of potential buyers for a...
by AIP Online Bureau | Jul 26, 2024 | Eco/Invest/Demography, Indian News, Life
On a year to date basis, private life insurers like HDFC Life Insurance Company rose 6.31 per cent, ICICI Prudential Life Insurance Company rose 32.93 per cent and SBI Life Insurance Company rose 18.66 per cent Kumud Das Mumbai: State-run insurer Life Insurance...
by AIP Online Bureau | Jul 21, 2024 | Eco/Invest/Demography, Indian News, Life
LIC, nation’s biggest insurer has given the highest returns of 74 per cent in the last one year among the top 10 firms by market capitalization and the only non-sensex stock followed by the telecom major Bharti Airtel Ltd with the gain of 68.20 per cent, the country’s...
by AIP Online Bureau | Jul 17, 2024 | Banking & Bancassurance, Life
LIC has tied-up with IDFC First Bank, under corporate agency arrangement. This tie-up will facilitate more than 1 crore customers of IDFC First Bank who will now be able to buy LIC policies through the bank. The partnership will have a combined strength of a vast...
by AIP Online Bureau | Jul 12, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy
Among other plans, the government intends to introduce succession planning in majority-owned companies alongside a proposal to train 230,000 managers across firms to prepare them for senior roles, the officials said. The government is likely to implement a plan that...
