Life Insurance Corporation of India
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 this year.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.