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The Life Insurance Corporation of India (LIC) is hiring for 8000 Assistant posts across its Central, Eastern, East-Central, Northern, Northern Central, Southern, Southern Central and Western zones. The registration for <keyword id="8135972" type="UNKNOWN" weightage="20" keywordseo="Lic-job-recruitment-2019">LIC job recruitment 2019</keyword> opened on 17 September and the last day to register for the open positions is 1 October 2019. Interested candidates can apply on the company’s official website licindia.in. The job responsibilities include clerical work, cashier posts, customer service executives and window operations, offering a monthly stipend of ₹14,435. This will also include employee benefits such as House rent allowance, travel allowance, dearness allowance among others. Here’s how to apply: <ul><li>Visit the official website licindia.in </li><li>Go to the Careers tab on the homepage. </li><li>Choose the branch office where you want to apply </li><li>Click on the link that says ‘Apply Online’ </li><li>Enter your credentials — registration number, password and security code. </li><li>You can download the application and fee receipt for future reference. </li></ul> The candidates in the age bracket of 18-30 years can apply for the Assistant posts. They will be shortlisted on the basis of two computer-based tests followed by a medical examination.

Registration closes soon: LIC India is hiring for 8000 Assistant posts at a monthly stipend of ₹14,435

<keyword id="6367143" type="UNKNOWN" weightage="20" keywordseo="LIC">LIC</keyword> merchants are those authorized persons who collect the premiums for <keyword id="6365973" type="ORGANIZATION" weightage="20" keywordseo="life-insurance-corporation">Life Insurance Corporation</keyword> of India. LIC Merchant Login provides the complete suite of premium collection solution for LIC Merchants in India. For logging into this site as a LIC merchant, you will need a Merchant ID and Password. What are the functions of LIC Merchant Premium Collection Portal? LIC Merchant Premium Collection Portal is the online mode of collecting the LIC policy premiums via internet. Those individuals involved in the collection of premiums on behalf of the LIC of India are called as Merchants. By logging into the LIC Merchants Portal, these members can collect the premiums and also view or update the policy details through the merchant tools made available to them on the website. How to login to the LIC Merchants portal website? Here are the simple steps to Register and then login to the LIC Merchant Portal First, visit the official website of the Life Insurance Corporation of India. Click on the link ‘Merchant Portal’ which you will find under the ‘Online Services’ menu. You will find the link ‘LIC Merchant Login’ Click on “Login” You will be promoted to input the user name and password. Once you enter these details, click on “Submit” How to Login to the LIC Merchant portal if you have forgotten the password? If you have forgotten the password, use the following steps to login to this site. Visit the official website of the Life Insurance Corporation of India. Click on the link “Merchant Portal” you will see under the menu tab “Online Services”. Click on “Login” and then click on the option “Forgot Password” Enter the User ID and Email ID and click on the option “Mail New Password” You will get the password mailed to your registered email account. Input this password and then proceed further. LIC Merchant Customer Care Helpline numbers The LIC of India has also provided helpline numbers to assist those who find any difficulties in the merchant login facility and using the merchant tools and others. Call: 022-67090501/022-67090502 Email: agent_support@licindia.com / dev_support@licindia.com How to change the password? Here are the simple steps to follow if you want to change your LIC merchant password. Visit the official website of the Life Insurance Corporation of India. Click on the link “Merchant Portal” you will see under the menu tab “Online Services”. Click on “Login” and then click on the option “Change Password” Input your user ID and the correct password. Enter the new password and then confirm password. Click on ‘Reset’. Now your password is reset to the new one you opted for. Henceforth you have to login using your new password. What are the benefits of using the LIC Merchant Portal? Here are the benefits of using the LIC Merchant Portal. Once you have signed up as a LIC merchant, you can login as a cashier. You can perform different tasks on the website as a merchant including generating invoices, querying, view the pending invoices, view the receipts, and pay the transaction fees and others.

LIC Merchant portal helpline number

Budget 2020: LIC to get Privatised

The mega IPO of Life Insurance Corporation of India (<keyword id="6367143" type="General" weightage="20" keywordseo="lic" source="Orion">LIC</keyword>) will be out by the end of the current fiscal, a senior Central government official said on Monday. According to Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management (DIPAM), the IPO plan is on course. "Some media speculation doubting the feasibility of <keyword id="7922409" type="General" weightage="20" keywordseo="lic-ipo" source="Orion">LIC IPO</keyword> this fiscal year is not correct. It is reiterated that plan is on course for the IPO in the last quarter of this fiscal," the Secretary tweeted. The IPO is expected to become the biggest one in India and it may fetch the government around Rs 1 lakh crore. Post the Union Budget FY22, the government has taken several legislative and executive steps to pave way for the mega IPO. The LIC, a statutory Corporation constituted under the LIC Act 1956, is a leading life insurer of India wholly owned by the government. It has three branches outside India - in the UK, Fiji and Mauritius, a wholly-owned subsidiary in Singapore and Joint Ventures in Bahrain, Kenya, Sri Lanka, Nepal, Saudi Arabia, and Bangladesh. Its subsidiaries in India include LIC Pension Fund Ltd, and LIC Cards Services Ltd. Its associates include the IDBI Bank Ltd, the LIC Mutual Fund and the LIC Housing Finance Ltd. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/these-9-stocks-are-down-as-much-as-15-since-being-the-top-diwali-picks-6-weeks-ago/articleshow/88387967.cms">From ICICI Bank to INOX, these 9 stocks are down as much as 15% since being the top Diwali picks 6 weeks ago</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/how-do-rising-covid-19-cases-lead-to-a-fall-in-markets/articleshow/88385905.cms">Why is the stock market falling so sharply today?</a>

LIC IPO to be launched between Jan-Mar 2022

There are good companies, there are bad companies, and then there are companies like <keyword id="6367143" type="General" weightage="100" keywordseo="lic" source="Orion">LIC</keyword> or SBI. They are like that friend who isn’t the coolest, but they are the only ones available when you need them. Much like <keyword id="13189155" type="General" weightage="20" keywordseo="rajesh-koothrappalli" source="Orion">Rajesh Koothrappalli</keyword> a.k.a <keyword id="6371883" type="General" weightage="80" keywordseo="raj" source="Orion">Raj</keyword> from the hit sitcom ‘The <keyword id="506666" type="General" weightage="20" keywordseo="big-bang-theory" source="Orion">Big Bang Theory</keyword>’. <div type="image" title="Rajesh Koothrappalli from The Big Bang Theory" msid="89621657" hostid="261"></div> Whether it was lifting Sheldon’s girlfriend Amy when she was in self doubt, or giving Bernadette the confidence to be a mother, or rallying alongside the creepy Howard through all the histrionics, Raj was always the friend in times of need. That’s been the relationship between millions of Indians and the Life <keyword id="35450" type="General" weightage="20" keywordseo="insurance" source="Orion">Insurance</keyword> Corporation of India, the state-owned giant that sold three out of every four life policies in India. From when no one cared for insurance to now, when the demand is relatively better. <div type="image" title="Big ol&amp;#39; LIC is about to hit the market in the next few weeks" msid="89621699" hostid="261"></div> Every time the government wanted a share sale to be a success, there was LIC waiting with its coffers open buying out shares that didn’t have too many other takers. But that’s history. Investing in a company should be a call on the future. And, for LIC, that looks pretty rosy too. There are just too many Indians who are yet to get life insurance and that means <a href="https://www.businessinsider.in/personal-finance/news/these-are-discounts-and-perks-for-lic-policyholders-will-get-while-applying-for-the-ipo/articleshow/89585424.cms">there’s a lot of money to be made</a>. Betting on the biggest player in a sector is a fairly safe thing to do. These are some of its strengths that make LIC’s IPO so hot. It has over a million agents who have sold over 283 million policies. It returns more profit for every rupee invested than any other life insurer in the world. This one company manages more money than the entire mutual fund industry in India. And, when it gets listed on the stock exchanges, it will be bigger than most companies in India, by a mile. There are many strengths that make LIC attractive and its public issue the mother of all IPOs in India. While everyone is queueing up for the celebrations, we thought why not bring, to the fore, some challenges that LIC faces because that’s also something you should know about before investing. <div type="image" title="LIC IPO poll" msid="89621840" hostid="261"></div> Like Raj, LIC will carry its parent’s baggage It’s a government company and not all its decisions are geared towards making a bigger/quicker profit. Much like the fuel retailers in India or the state-owned banks, political priorities often shroud over what’s ideal for the business. Both Raj and LIC refuse to grow up Like most Indian companies owned by the government, LIC is neither very tech-savvy nor is it famous for great service to policyholders. Here, the comparison is not with Raj, the physicist, but with his inability to come of age. He just went from a creep to a likeable creep. Here’s a sample complaint. LIC still deals in cheques and the drop box doesn’t even open for 20 straight days. <a href="https://twitter.com/Adityamehriwal/status/1493117135174127617">https://twitter.com/Adityamehriwal/status/1493117135174127617</a> This sarkari service would explain why more people drop out of an LIC policy after the first year. More than any other life insurance company in India. <div type="image" title="Number of people who renew policy after the first year" msid="89621903" hostid="261"></div> LIC isn’t an underdog like Raj, but it isn’t a go-getter either Insurance is a lot more competitive as a business than it used to be. LIC is still the giant, towering over all others in the space, but slowly and steadily, private insurers are eating into the pie. <div type="image" title="Combined market share and premium growth" msid="89621935" hostid="261"></div> Promoting yourself is necessary when you’re faced with tough competition. However, like Raj, LIC doesn’t do that very often. The number of LIC ads you’ll see is a lot less than some of the other players who splurge on advertising. It doesn’t matter what experts say about LIC’s prospects, it seems like the entire country wants a piece of the pie. If you’re one of them, ask yourself why you are excited. <div type="image" title="Here’s what you should know before you go for LIC IPO" msid="89621992" hostid="261"></div>

SIMPLY PUT: LIC is like Raj from Big Bang Theory

<ul><li>Insurance regulator IRDAI warns insurance firms to make “prudent” decisions when investing in companies whose credit ratings have been downgraded. </li><li>IRDAI had recently allowed <keyword id="6367143" type="UNKNOWN" weightage="20" keywordseo="LIC">LIC</keyword> to vastly exceed the maximum of 15% stake an insurer can hold in any one company. </li><li>Policyholders’ funds potentially at risk with large exposure to the investments.</li></ul> Amid an escalating bad loans crisis, India appears to be <a href="https://www.businessinsider.in/after-idbi-bank-lic-now-has-to-bail-a-huge-infrastructure-lender-out/articleshow/65840416.cms">relying heavily</a> on the capital of state insurance giant Life Insurance Corporation (LIC) to bail out some of its troubled lenders, leading to experts worrying about a dangerous precedent being set by the insurer. The country’s bad debt crisis involving its state-owned <keyword id="6368751" type="UNKNOWN" weightage="20" keywordseo="banks">banks</keyword> had largely been believed to have had manageable systemic risk with fairly low liquidity concerns –- until now. India is in the midst of its worst <a href="https://timesofindia.indiatimes.com/business/india-business/worst-liquidity-crunch-in-two-years-spooks-indian-financiers/articleshow/65935292.cms">liquidity crisis</a> in two years triggered by the potential bankruptcy of infrastructure finance company <a href="https://www.livemint.com/Money/QBX7Nlk3SmtboyZPExoKtN/ILFS-Its-time-for-a-surgery-not-bandaid.html">Infrastructure Leasing and Financial Services Ltd</a> (<keyword id="6357293" type="UNKNOWN" weightage="20" keywordseo="ILFS">IL&amp;FS</keyword>), which has defaulted on a series of loan repayments, raising alarm in the country’s shadow banking sector and spooking financial markets. LIC, the largest shareholder in IL&amp;FS with a 25.3% stake, is <a href="https://www.businessinsider.in/after-idbi-bank-lic-now-has-to-bail-a-huge-infrastructure-lender-out/articleshow/65840416.cms">reportedly</a> investing close to ₹40 billion ($550 million) into IL&amp;FS non-convertible debentures and also expected to subscribe to a ₹45 billion rights issue later this year. It is reportedly in the process of <a href="https://www.livemint.com/Companies/7sWf4fZDJAagLyFgyWemuN/ILFS-may-move-NCLT-against-admitting-bankruptcy-case.html">requesting</a> India’s insolvency court National Company Law Tribunal to allow it time to resolve its current situation through its capital raising efforts and hold off on admitting a bankruptcy suit. The news of IL&amp;FS comes weeks after LIC stepped in to also bailout state-owned <keyword id="67881" type="CITY" weightage="20" keywordseo="IDBI">IDBI</keyword> Bank by increasing its stake from 8% to 51% for upto ₹130 billion. Regulatory exceptionalism India’s regulators restrict investments by insurance organisations to a maximum of 15% stake in any one company. In the IDBI case, LIC sought special clearance from India’s insurance regulator Insurance Regulatory and Development Authority of India (IRDA), which reportedly <a href="https://www.livemint.com/Companies/XY6tlJMDpBAKAlhv2dPczJ/IDBI-Bank-says-no-discussion-on-investment-by-LIC.html">waived the threshold</a> “based on market conditions and the larger interest of the market and shareholders,” Mint reported in June. Additionally, out of the investment LIC made in IDBI, less than 1% or only about ₹1 billion has come from LIC’s shareholders with the remaining being policyholders’ money, according to the Mint report. That shows the extent of how risky the move can be. While LIC has indicated it will pare down its stake in IDBI in the coming years, no timeframe has been set by the insurer. LIC had earlier made an <a href="https://economictimes.indiatimes.com/markets/stocks/news/will-lic-follow-the-corp-bank-model-to-pare-stake-in-idbi/articleshow/64957202.cms">investment</a> in Corporation Bank exceeding the threshold limit of 15% to buy a 27% stake, which took about 16 years for LIC to pare down, experts point out. A case of throwing good money after bad? Following the news of LIC investing in IL&amp;FS, a subtle warning has come from the Insurance Regulatory and Development Authority of India (Irdai), which has asked insurance firms to make “prudent” decisions when investing in companies whose credit ratings have been downgraded. Subhash C Khuntia, chairman of IRDAI, has <a href="https://www.business-standard.com/article/markets/i-m-sure-lic-will-take-a-prudent-decision-on-il-fs-says-irdai-chairman-118091200040_1.html">said</a>, “Normally, when there is a downgrade, insurers should withdraw their investment and place it somewhere else,” Khuntia said, adding it is up to the insurer to derive maximum value from its investments. The National Organisation of Insurance Workers (NOIW), has also opposed LIC’s move to invest in IL&amp;FS, with NOIW organising secretary Milind Ballal <a href="https://mumbaimirror.indiatimes.com/mumbai/other/sangh-union-opposes-lic-investment-in-ilfs-group/articleshow/65894098.cms">stating</a> “thousands of crores of rupees collected by the LIC from ordinary Indians as premium is at stake.” Joydeep K. Roy, partner and leader, insurance sector, PwC, had termed LIC’s investment in IDBI an <a href="https://www.livemint.com/Companies/XY6tlJMDpBAKAlhv2dPczJ/IDBI-Bank-says-no-discussion-on-investment-by-LIC.html">“extraordinary event</a>” that “should not be allowed as a precedent.” “Insurers holding a larger share of any one company for policyholders’ funds can increase the entire risk profile of the portfolio. However, this is ultimately an equity transaction for policyholder funds and can result in profits or losses,” Roy said. While Sanket Kawatkar, Principal and Consulting Actuary, Life Insurance, Milliman India, has <a href="https://economictimes.indiatimes.com/wealth/insure/lic-idbi-bank-deal-how-life-insurance-companies-invest-your-money/articleshow/64894026.cms">warned </a>LIC policyholders’ benefits would be adversely impacted if LIC incurs a loss on its investment. Elsewhere, insurers’ exposure to bad debt has led to dire consequences. In the 2008 credit crisis in the US, for instance, insurance giant American Insurance Group (AIG) had a near collapse because of the insurer’s exposure to soured loans through its investment in risky credit default swaps. That led to the US Federal Reserve bailing out AIG by giving a crucial loan of $85 billion that kept it from going under.

Why India’s reliance on state insurance giant LIC to bailout troubled lenders is worrying

New Delhi: Life Insurance Corporation of India (<keyword id="19903588" type="General" weightage="100" keywordseo="LIC" source="keywords">LIC</keyword>) has increased its stake in <keyword id="19984004" type="General" weightage="20" keywordseo="Bank-of-Maharashtra" source="keywords" meta.keywordsubtype="org" meta.entityname="Bank of Maharashtra" meta.hostid="83" meta.entityid="Bank of Maharashtra">Bank of Maharashtra</keyword>, the company informed the exchange in a filing. In an official statement on Saturday, LIC announced that it has raised its shareholding in the bank from 4.05 per cent to 7.10 per cent following a <keyword id="19984002" type="General" weightage="20" keywordseo="Qualified-Institutional-Placement" source="keywords">Qualified Institutional Placement</keyword> (<keyword id="19984001" type="General" weightage="20" keywordseo="QIP" source="keywords">QIP</keyword>). "..the Life Insurance Corporation of India ("the Corporation") has increased its shareholding in Bank of Maharashtra ("Company") from 4.05 per cent (pre-allotment) to 7.10 per cent (post allotment)" said LIC. The increased shareholding comes after LIC was allotted 25.96 crore equity shares as part of the QIP issued by the Bank of Maharashtra. Prior to this allotment, LIC held a 4.05 per cent stake in the bank. With the new shares, LIC now owns a 7.10 per cent stake, marking a significant rise in its ownership. The allotment was made under the guidelines of Regulation 30 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations. LIC noted that it has complied with the regulatory requirements, including the details stipulated under the SEBI circular issued in July 2023, which governs disclosure obligations for listed entities. A Qualified Institutional Placement is a way for listed companies to raise capital by issuing equity shares to institutional investors, and this transaction indicates LIC's confidence in the growth potential of Bank of Maharashtra. Bank of Maharashtra is one of the public sector banks, and this infusion of capital through QIP will help strengthen its balance sheet and support its expansion plans.

LIC increases stake in Bank of Maharashtra from 4.05 percent to 7.1 percent through QIP

The government has appointed 10 merchant bankers including Goldman Sachs (India) Securities, Citigroup Global Markets India, and Nomura Financial Advisory and Securities India to manage the mega initial pub<keyword id="6367143" type="General" weightage="20" keywordseo="lic" source="Orion">lic</keyword> offering of country's largest insurer LIC. Other selected bankers include SBI Capital Market, JM Financial, Axis Capital, BofA Securities, JP Morgan India, ICICI Securities, and Kotak Mahindra Capital Co Ltd, a circular on the divestment department website said. "Government has finalised the book running lead managers and some other advisors for the <keyword id="8699517" type="General" weightage="20" keywordseo="ipo-of-lic" source="Orion">IPO of LIC</keyword>," DIPAM Secretary Tuhin Kanta Pandey tweeted. The disinvestment department had invited applications for the appointment of merchant bankers on July 15. Following this, 16 merchant bankers made presentations for managing listing and partial disinvestment of Life Insurance Corporation (LIC). The Department of Investment and Public Asset Management (DIPAM) is also in the process of appointing a legal adviser for the stake sale and the last date for putting bids is September 16. Actuarial firm Milliman Advisors LLP India has already been appointed to assess the embedded value of LIC ahead of the IPO, which is likely in the January-March quarter of 2022. The government is also mulling allowing foreign investors to pick up stakes in the country's largest insurer LIC. As per Sebi (Securities and Exchange Board of India) rules, foreign portfolio investors (FPI) are permitted to buy shares in a public offer. However, since the LIC Act has no provision for foreign investments, there is a need to align the proposed <keyword id="7922409" type="General" weightage="20" keywordseo="lic-ipo" source="Orion">LIC IPO</keyword> with Sebi norms regarding foreign investor participation. The Cabinet Committee on Economic Affairs had last month cleared the initial public offering proposal of Life Insurance Corp of India. The ministerial panel known as the Alternative Mechanism on strategic disinvestment will now decide on the quantum of stake to be divested by the government. "The potential size of the IPO is expected to be far larger than any precedent in Indian markets," the department had said. The listing of LIC will be crucial for the government in meeting its disinvestment target of Rs 1.75 lakh crore for 2021-22 (April-March). So far this financial year, Rs 8,368 crore has been mopped up through minority stake sales in PSU and the sale of SUUTI (Specified Undertaking of the Unit Trust of India) stake in Axis Bank. PTI JD SHW SHW

LIC IPO: Government picks 10 merchant bankers including Goldman Sachs, Citigroup Global and Nomura

India's top financial institution, <keyword id="6365973" type="CITY" weightage="20" keywordseo="Life-Insurance-Corporation">Life Insurance Corporation</keyword> (<keyword id="6367143" type="ORGANIZATION" weightage="100" keywordseo="LIC">LIC</keyword>), has said it won’t give green signal to the $13-billion Essar-Rosneft deal unless Essar clears all dues from its end. 
 
This deal is going to be the <a href="http://www.businessinsider.in/Indias-biggest-deal-worth-Rs-72800-crores-Essar-oil-sellsto-Russias-Rosneft/articleshow/54877758.cms">largest FDI inflow</a> in India. 
 
“The agreement of the loan that <a href="http://www.businessinsider.in/LIC-gearing-up-to-give-tough-fight-to-private-insurers-Know-how/articleshow/47628777.cms">LIC</a> had given to Essar Oil requires its consent for change of management,” an LIC spokesman told ET. "We had received proposal from group companies for flexible restructuring and it was decided before considering (the) proposal... the company has to clear all the dues (sic)," the official added. 
 The loan outstanding to Essar Oil is worth $125 million, while its exposure to <keyword id="6440383" type="COMPANY" weightage="20" keywordseo="Essar-Power">Essar Power</keyword> is around Rs 1,500 crore. 
 
Also read: <a href="http://www.businessinsider.in/Indias-Essar-deal-with-Russias-Rosneft-does-not-violate-sanctions-by-the-US/articleshow/54901296.cms">Essar deal with Russia’s Rosneft does not violate sanctions by the US</a> 
 
Now that LIC has taken a stand, it remains to be seen whether the all-cash transaction gets all the necessary approvals before the end of this fiscal. 
 Industry experts are of the view that the reason behind LIC's unusually tough attitude could be that once the deal with <keyword id="174417" type="COMPANY" weightage="100" keywordseo="Rosneft">Rosneft</keyword> goes through, it could be difficult to recover the loan amount. 
 
Also read: <a href="http://www.businessinsider.in/cheques-lic-agents-to-get-pos-machines-for-premium-collection/articleshow/57387887.cms">Forget cash/cheques! LIC agents to get PoS machines for premium collection</a> 
 
"<a href="http://www.businessinsider.in/Rosneft-carrying-out-due-diligence-in-buying-stake-says-Essar-Oil/articleshow/50928046.cms">Rosneft</a> is keen to enter India and Essar is the only available avenue. Paying off $125 million to LIC and another $44 million to some of the government-owned general <keyword id="35450" type="COMPANY" weightage="20" keywordseo="insurance">insurance</keyword> companies is not exactly a big deal. But LIC would be a loser if only the Essar Oil loan is paid back...the company is making money and may have a ratings upgrade once the deal closes. That would be losing a good asset," a senior banker familiar with the negotiations told ET. 
 
(Image source: PhotoBucket)

LIC wants Essar to clear all dues to give NOC to its deal with Rosneft

Mumbai, Mar 31 () Life Insurance Corporation of India (LIC) on Tuesday said it has contributed Rs 105 crore towards the PM-CARES Fund to help the government fight the coronavirus pandemic. Out of the Rs 105 crore, Rs 5 crore has been donated from LIC's Golden Jubilee Fund, the state-owned company said in a statement. "India is facing a huge challenge in the wake of the global pandemic which is unprecedented in its severity. LIC is committed to the welfare of India and her people. We promise our solidarity with the efforts of the government and will take every step to ensure the safety and security of people and relief for the affected," LIC Chairman M R Kumar said. In a separate release, LIC gave its customers an option to pay insurance premiums at their nearest common service centre (CSC). The Corporation also said customers can use all digital modes through its website to pay premiums without any service charges. Earlier this month, state-owned insurer also extended the deadline up to April 15. HV HRS

You Searched For "LIC India" and got 10 results

Registration closes soon: LIC India is hiring for 8000 Assistant posts at a monthly stipend of ₹14,435

BI India Bureau

LIC Merchant portal helpline number

BI India Bureau

Budget 2020: LIC to get Privatised

Business Insider India

LIC IPO to be launched between Jan-Mar 2022

IANS

SIMPLY PUT: LIC is like Raj from Big Bang Theory

Why India’s reliance on state insurance giant LIC to bailout troubled lenders is worrying

Rimin Dutt

LIC increases stake in Bank of Maharashtra from 4.05 percent to 7.1 percent through QIP

ANI

LIC IPO: Government picks 10 merchant bankers including Goldman Sachs, Citigroup Global and Nomura

PTI

LIC wants Essar to clear all dues to give NOC to its deal with Rosneft

BI India Bureau

LIC contributes Rs 105 crore towards PM-CARES Fund

PTI

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