Lic
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LIC Housing targets to disburse Rs 55,000 crore in Financial Year 19-20
Business | November 16, 2019 17:31 ISTLIC Housing Finance Ltd., Managing Director and CEO Siddhartha Mohanty said the company disbursed Rs 48,000 crore worth loans during the last financial year
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LIC Assistant Prelims Result 2019 to be declared soon. Direct link to check here
Exam Results | November 13, 2019 18:17 ISTLIC Assistant Result 2019: Life Insurance Corporation (LIC) is going to announce the LIC Assistant Result 2019 on its official website soon. Candidates can check all the latest updates here.
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Holding lapsed LIC policy? Life Insurance Corporation has an important message you must not miss
Business | November 06, 2019 11:22 ISTLIC policy alert! Are you worried about your lapsed life insurance policy? Then here is a good news for you as State-owned Life Insurance Corporation (LIC) has introduced a facility to revive policies that have remained lapsed for over two years.
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LIC allows revival of lapsed policy of over 2 years
Business | November 04, 2019 17:03 ISTThe policies that have lapsed for more than two years and were not allowed to be revived earlier can also be revived now, LIC said in a statement
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Alert! LIC has an important message for its policyholders
Business | October 11, 2019 15:10 ISTLIC policyholders alert! News is doing rounds of social media platform claiming that LIC is in a weak financial position and several of its policyholders might end up losing their money.
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Govt investing LIC money in loss-making firms says Priyanka Gandhi
Politics | September 20, 2019 11:11 ISTCongress leader Priyanka Gandhi Vadra on Friday alleged that the Modi government was "shattering" people's trust in LIC by investing the state-run insurance firm's money in loss-making companies.
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LIC Assistant Notification 2019: Over 8000 vacancies in different stat
Career | September 17, 2019 14:28 ISTLIC Assistant Notification 2019 | The Life Insurance Corporation of India or LIC has invited applications for over 8000 posts of Assistant in various states.
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LIC ADO Mains admit card 2019 released at licindia.in, check details here
Career | August 03, 2019 19:04 ISTLIC ADO Mains Admit Cards 2019: The Life Insurance Corporation of India (LIC) has released the admit cards for the LIC Apprentice Development Officer (ADO) Mains examination on the official website i.e., licindia.in. Read on to know more.
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LIC offers Rs 1.25 lakh cr line of credit by 2024 to fund highway projects: Gadkari
Business | July 21, 2019 12:32 ISTAs part of innovative modes of financing to meet India's huge infrastructure appetite, insurance giant LIC has agreed to offer Rs 1.25 lakh crore line of credit by 2024, to fund highway projects, Union Minister Nitin Gadkari said.
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SC dismisses plea alleging scam in LIC's policy
India | July 15, 2019 23:25 ISTSolicitor General Tushar Mehta representing LIC contended before a bench headed by Chief Justice Ranjan Gogoi that PIL should not be entertained, as the affected people can approach respective consumer forums across the country.
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Supreme Court agrees to hear case against LIC for 'duping' 5 crore customers
India | July 05, 2019 7:51 ISTJeevan Saral policy scam: A non-profit organization engaged in promoting financial literacy has moved the Supreme Court, alleging cheating, especially of senior citizens, by the Life Insurance Corporation (LIC) through its Jeevan Saral policy, in which nearly 5 crore policyholders have "lost a big chunk on their principal investment". The Mumbai-based Moneylife Foundation said it has received several complaints from policyholders, especially senior citizens, in the past few years.
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LIC ADO Admit Card 2019: Download hall ticket for Assistant Development Officer Exam from licindia.in.
Exam Results | June 29, 2019 12:00 ISTThe Life Insurance Corporation of India (LIC) has released the Admit Card for LIC ADO 2019 exam on the official website -- licindia.in.
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Dell, Jeep, LIC most-trusted brands in India: Report
Business | June 04, 2019 17:47 ISTLaptop brand Dell has emerged as the most-trusted brand in the country followed by automobile firm Jeep and insurance behemoth LIC, the only Indian company to feature in the top-seven brands, according to a report.
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IDBI Bank appoints LIC as agent, forms joint group to identify synergies
Business | March 11, 2019 7:35 ISTThe deal is expected to provide business synergies to it despite the lender's stressed balance sheet and high NPA.
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Timeline for LIC to reduce stake in IDBI Bank depends on business model: IRDAI
Business | February 03, 2019 14:22 ISTHe clarified that the insurance giant has been given the approval to acquire 51 per cent stake on the condition of bringing it down to below 15 per cent over a period of time but the timeline would depend on the business plan of LIC for the troubled lender.
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Rahul Gandhi attacks PM Modi on IL&FS issue
Politics | September 30, 2018 21:32 ISTIn comparison, Gandhi alleged that in 2018, Prime Minister Modi is trying to give a bailout of Rs 91,000 crore to debt-ridden IL&FS through public money in the LIC and the State Bank of India.
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IDBI board to consider allotment of 51% shares to LIC on Oct 4
Business | September 28, 2018 17:48 ISTIDBI Bank further said its board will meet on October 4 to "consider the preferential allotment of equity shares to LIC aggregating up to 51 per cent..."
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IL&FS will not be allowed to collapse, all options open: LIC chief
Business | September 25, 2018 18:22 ISTIn a letter to its employees, IL&FS had claimed that if funds worth Rs 16,000 crore stuck with concession authorities were released on time, it would not have landed in this mess.
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IDBI Bank approves issuance preference shares to LIC
Business | August 31, 2018 17:43 ISTThe board of directors have approved the proposal for seeking shareholders' approval through postal ballot for the preferential issue of equity capital to Life Insurance Corporation of India (LIC) aggregating up to 14.90 per cent of the bank's post issue paid up capital, IDBI Bank said in a filing to stock exchanges.
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IDBI Bank approves issuance preference shares to LIC
Business | August 31, 2018 16:58 ISTEarlier this month, the Union Cabinet had approved LIC's proposed acquisition of up to 51 per cent stake in debt-ridden IDBI Bank.
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