Life Insurance Corporation of India

Timelines
Government could reserve 10% of LIC IPO for policyholders

03 Feb 2021

Government could reserve 10% of LIC IPO for policyholders

In her annual Budget speech, Finance Minister Nirmala Sitharaman said that the initial public offering (IPO) of Life Insurance Corporation of India (LIC) will be launched.

Union Budget 2021: Government to launch LIC IPO in FY22

01 Feb 2021

Union Budget 2021: Government to launch LIC IPO in FY22

In a major disinvestment push, Finance Minister Nirmala Sitharaman on Monday announced that the government plans to take control of two public sector banks and one general insurance company for stake sale in 2021-22.

Explained: The rise and fall of Yes Bank

06 Mar 2020

Explained: The rise and fall of Yes Bank

Yes Bank depositors panicked when on Thursday, the Reserve Bank of India (RBI) capped cash withdrawals at Rs. 50,000.

5 big takeaways of Nirmala Sitharaman's budget you should know

01 Feb 2020

5 big takeaways of Nirmala Sitharaman's budget you should know

Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).

Budget 2020: Government to sell LIC holdings through IPO

01 Feb 2020

Budget 2020: Government to sell LIC holdings through IPO

Announcing the Union Budget 2020-21 on Saturday, Finance Minister Nirmala Sitharaman said that Life Insurance Corporation of India will now be listed on stock exchanges.

#PolicyExplainer: Get Rs. 2,00,000 life-insurance at Rs. 330/year with PMJJBY

29 Dec 2018

#PolicyExplainer: Get Rs. 2,00,000 life-insurance at Rs. 330/year with PMJJBY

Life insurance is one of the most important financial products to have. It is the best way to protect one's family and their future in case of the policyholder's untimely demise.

LIC board approves acquisition of 51% stake in IDBI Bank

16 Jul 2018

LIC board approves acquisition of 51% stake in IDBI Bank

The LIC board today gave approval to the insurance behemoth for acquiring of up to 51% stake in IDBI Bank, Economic Affairs Secretary SC Garg said today.

#PolicyExplainer: All about Pradhan Mantri Jeevan Jyoti Bima Yojana

26 Jun 2018

#PolicyExplainer: All about Pradhan Mantri Jeevan Jyoti Bima Yojana

The Government of India launched a life insurance scheme called 'Pradhan Mantri Jeevan Jyoti Bima Yojana' (PMJJBY) in 2015, offering coverage for death.

#FinancialBytes: 6 best Life Insurance policies available in India

22 Apr 2018

#FinancialBytes: 6 best Life Insurance policies available in India

Almost everyone has heard of "Life Insurance". It is one of the safest and best ways to protect one's family and their future in case of the policyholder's untimely demise.

#FinancialBytes: Planning to buy house? Here are 6 home-loan options

17 Apr 2018

#FinancialBytes: Planning to buy house? Here are 6 home-loan options

All major banks and house financing companies offer home loans that provide funding for buying or constructing houses and residential properties.

Maharashtra police to get meat detection kits!

07 Jul 2017

Maharashtra police to get meat detection kits!

Maharashtra police will get meat-detection kits by next month in order to check if the seized meat is that of a cow.