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LIC-backed NBFC allots 5000 NCDs: Check interest offered, maturity period and other details
June 03, 2025 16:06 ISTAccording to trendline data, state-owned LIC has a 1.9 per cent stake in the company, and SBI Life Insurance owns a 9.4 per cent stake in the NBFC.
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This LIC-backed NBFC to consider allotment of non-convertible debentures soon - Check details
May 30, 2025 15:26 ISTEarlier, the company said that it had raised the first tranche of USD 50 million through the issuance of secured foreign currency convertible bonds (FCCBs).
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LIC-owned NBFC stock gains 5% amid fundraise move - Details
May 13, 2025 12:37 ISTThe stock has given a multibagger return of 334 per cent in five years. However, it has corrected 43 in one year and 28 per cent on a YTD basis.
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Pahalgam Attack: LIC relaxes claim settlement rules, NSE pledges Rs 1 crore for victims' families
Business | April 25, 2025 15:59 ISTSimilarly, PB Fintech, the parent company of Policybazaar and Paisabazaar, is creating a foundation to support all impacted families of the terror attack.
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LIC-backed NBFC likely to declare final dividend on this date: Check details
April 23, 2025 15:13 ISTIt is to be noted that the company distributed a dividend of 10 per cent on each stock of Re 1 face value in September 2024. Before this, it had issued bonus shares in the ratio of 1:1.
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LIC-owned NBFC to consider raising funds next week - Check details
April 04, 2025 15:29 ISTMeanwhile, shares of the company are trading over 3 per cent lower in today's trading session amid a broader stock market selloff.
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What is loan against life insurance policy? Check eligibility and other features
March 24, 2025 16:58 ISTAll traditional insurance policies - like a money-back plan, endowment plan or a whole life insurance policy - are eligible for a loan.
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LIC's Bima Sakhi: 10th pass women can earn Rs 7,000 per month - Check details
March 19, 2025 16:17 ISTLIC's Bima Sakhi: To be eligible for this scheme, a woman should be 10th qualified and must be in the age group of 18-70 years.
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Domestic institutional investor increases stake in this LIC-backed NBFC - Details
March 18, 2025 14:28 ISTEarlier, the company announced that the country’s largest PSU bank, State Bank of India (SBI), has invested in the Commercial Papers (CPs) issued by it.
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LIC-owned NBFC stock ended session on positive note after SBI’s investment - Details
March 18, 2025 14:23 ISTThe total redemption value of the listed commercial papers (CPs) is Rs 30 crore, and the tenure of the CPs is 91 days from the date of allotment.
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Smart Pension plan by LIC: Check key features, eligibility and other details
February 19, 2025 14:58 ISTSmart Pension Plan LIC: Depending on the annuity mode, LIC has fixed the minimum annuity amount which is Rs 1,000.
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LIC New Jeevan Anand Policy: Save just Rs 40 daily to get Rs 25 lakh in future - Full calculation
February 07, 2025 18:18 ISTAccording to the information available, the minimum policy term is 15 years and the maximum policy term is 35 years.
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Yearender 2024: Govt schemes empowering women - a step towards financial independence
Business | December 20, 2024 18:24 ISTThese initiatives have been designed to provide women with opportunities for economic stability, self-reliance, and growth.
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LIC Bima Sakhi Yojana launched: Women to receive Rs 7,000 monthly, check eligibility, how to apply
Business | December 09, 2024 16:46 ISTLIC Bima Sakhi Yojana: As part of the program, women will have the opportunity to become insurance agents (Bima Sakhi) and will receive financial support of up to Rs 7,000 per month.
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PM Modi launches LIC Bima Sakhi Yojana in Panipat to empower women across India
Haryana | December 09, 2024 15:54 ISTThis initiative aims to financially empower 1 lakh women aged 18 to 70 across India. Under the scheme, women with a minimum qualification of 10th pass will be trained as LIC agents.
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LIC increases stake in Bank of Maharashtra by 2.05 per cent via QIP, shareholding at 7.1 per cent
Business | October 06, 2024 12:58 ISTThe LIC had a shareholding of 4.05 per cent before, which has now increased to 7.1 per cent. The latest transaction shows LIC's confidence in the potential growth of there bank.
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LIC plans health insurance foray after historic dividend payout, explores acquisitions
May 28, 2024 20:07 ISTThe LIC's move comes after a proposal to introduce composite insurance companies, allowing life insurers to offer hospitalisation and indemnity coverage, pending an amendment to the Insurance Act.
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Key financial changes in May that will impact you: Check all details here
April 30, 2024 12:12 ISTAs May unfolds, several financial changes are on the horizon, impacting mutual fund investors and banking customers alike. While not as transformative as previous months, these changes demand attention and awareness.
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Multibagger stock: Ater bonus issue, LIC-backed company posts over two fold jump in Q4 earnings
Business | April 18, 2024 9:03 ISTThe same stood at Rs Rs 5.91 crore as against Rs 1.69 crore reported in the corresponding quarter a year ago.
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LIC to keep offices open on March 30, 31 to help taxpayers
Business | March 29, 2024 13:40 ISTBusiness news: The RBI has said that all branches of the banks dealing with Government receipts and payments will remain open for transactions on March 30 and March 31 to account for all the Government transactions relating to receipts and payments in the FY 2023-24 itself.
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