LIC
LIC new premium more than doubles in June; pushes industry collection to Rs 32,241 cr
All the 24 life insurers had written new gross premium of Rs 16,611.57 in the same month a year ago.
NCLT asks Sebi to conclude probe into ITC, LIC allegations against Leela
Under Section 241 of the Companies Act, 2013, a minimum shareholding of 10 per cent is required to file such cases.
Banks Board Bureau identifies 75 senior officers for leadership roles in PSBs
Bureau was assigned with the task of recommending personnel for appointment as directors in govt-owned insurance companies.
Govt sells Rs 1,150 crore worth enemy shares in Wipro
The sale would help in monetisation of movable enemy property lying dormant for decades.
RBI says no to IDBI Bank name change proposal
Board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank.
RBI categorises IDBI Bank as private sector lender
IDBI Bank has been categorised as a private sector lender following acquisition of majority stake by LIC, RBI said.
IDBI drafts revival strategy to bring banking, insurance under one roof
IDBI and LIC, through its collective network of branches, offices and workforce, have started leveraging their mutual business synergies.
LIC forces IDBI Bank staff to buy insurance policies
By the end of the day, the number of policies sold crossed 18,000.
Govt offers pension for employees of public sector insurance companies
There has been a long-standing demand for another chance.
IDBI Federal Life expects flat growth
We are expecting a growth between 12 per cent and 18 per cent this fiscal: CEO, director IDBI Federal Life, Vighnesh Shahane