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The changes have been made by the Department of Financial Services under the finance ministry by amending Life Insurance Corporation of India (Employees) Pension (Amendment) Rules. Besides, some other rules under LIC Act, 1956, have been amended. (PTI Photo)

LIC IPO unlikely to take place this fiscal due to delay in valuation

Once listed, LIC is likely to become one of the biggest domestic companies with an estimated valuation of Rs 8-10 lakh...

19 Dec 2021 7:38 AM GMT

The LIC will offer a 20 per cent late fee concession up to Rs 2,000 if the total received premium is up to Rs 1 lakh. (Twitter)

LIC launches special campaign to revive lapsed policies

Policies which are in a lapsed condition are eligible to be revived in this campaign

22 Aug 2021 9:17 PM GMT

The LIC IPO would be the biggest IPO in the history of Indian stock market. (Photo: PTI)

Sebi approves LIC draft papers; clears decks for mega IPO

The IPO is offer for sale (OFS) by Government of India and there will be no fresh issue of shares by LIC

9 March 2022 9:17 AM GMT

The LIC IPO was expected to hit the market this month. (Photo: PTI)

Govt may defer LIC IPO to next fiscal amid Ukraine crisis: Experts

The government was looking to sell 5 per cent stake in LIC this month, which could have fetched over Rs 60,000 crore to...

6 March 2022 7:45 AM GMT

PNB seeks IRDAI forbearance for paring stake in Canara HSBC OBC Life. (DC Photo)

IRDAI gives nod to PNB for stake in two life insurance ventures

PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012

12 April 2020 10:23 AM GMT