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  • lic transfers rs 1 644 crore surplus to central government

    LIC transfers Rs 1,644-crore surplus to Central government

    December 17, 2014 7:40 IST

    New Delhi: State-run behemoth Life Insurance Corporation (LIC) has transferred Rs 16,43.89 crore from its surplus account to the government, after distributing 95% of the total surplus as bonus to the policyholders.The amount was presented

  • lic favours raising fdi cap in insurance sector to 49 per

    LIC favours raising FDI cap in insurance sector to 49 per cent

    September 14, 2014 10:17 IST

    New Delhi: Public sector insurer LIC has lent its support to government's proposal of raising the FDI limit in the sector to 49 per cent, a move criticised by a section of the select committee

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