by AIP Online Bureau | Jan 31, 2022 | Briefs, Life, Pension & Social Security
Life Insurance Corporation(LIC) has revised its annuity rates for Jeevan Akshay and New Jeevan Shanti with effect from 1st Feb 2022.The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb .The annuity amount under both...
by AIP Online Bureau | Jan 30, 2022 | Indian News, Life, Policy
M R Kumar, Chairman, LIC With the extension, M R Kumar will continue as chairman of LIC till March 2023, the sources said. Besides, the government has also extended the tenure of one of the managing directors, Raj Kumar, for one year. New Delhi: The government has...
by AIP Online Bureau | Jan 28, 2022 | Indian News, Life, Regulation, Wealth Management/ Philanthropy
The Securities and Exchange Board of India (SEBI) has been urged to complete its vetting process in less than three weeks instead of the 75 days it usually requires,sources said NEW DELHI: The Indian government has asked regulators for a swift review of Life Insurance...
by AIP Online Bureau | Jan 27, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
“LIC disinvestment amount will be included in this year’s (Budget) because we aim to list it before March 31,” Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey told PTI New Delhi: The government will list the...
by AIP Online Bureau | Jan 25, 2022 | Indian News, Life
Investments of policyholders have grown Rs 5.9 lakh crore to Rs 37.72 lakh crore in the first half of FY22. Investments of shareholders grew Rs 56.17 crore to Rs 6,311 crore Mumbai: IPO-bound Life Insurance Corporation of India (LIC) on Tuesday reported a profit after...
