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Life Insurance Company or LIC of India is one of the top insurance companies in India. It has over the years been one the top also in disbursing claims. It is not only the premier life insurance company, but also by fat the largest in the country.
Aadhaar Now Mandatory For Pension Scheme PMVVY
In a notification dated 23 December, the Finance Ministry has asked investors of Pradhan Mantri Vaya Vandana Yojana (PMVVY) to submit their proof of Aadhaar number or undergo Aadhaar authentication to continue availing benefits. It further said that those ...
SEBI Directs LIC, BoB And SBI To Reduce Stake In UTI AMC
The Securities and Exchange Board of India (SEBI) has directed Life Insurance Corporation of India (LIC), State Bank of India (SBI) and Bank of Baroda (BoB) to bring down their stakes below 10 percent in UTI Asset Management Company (AMC). ...
Sebi Directs Lic Bob And Sbi To Reduce Stake In Uti Amc
LIC To Phase Out Some Of Its Best Selling Plans
The leading insurer has decided to phase out some of its top yielding plans and among its top sellers, the company would close such plans on retail offering including -- Jeevan Anand, Jeevan Umang, Jeevan Lakshya and Jeevan Labh from November ...
Lic To Phase Out Some Of Its Best Selling Plans
LIC Now Permits Revival Of Policies Lapsed For Over 2 Years
In a statement, LIC (Life Insurance Corporation of India) has said that it will allow its policyholders to revive policies that have lapsed for more than two years. Five years is set as the time limit to revive a traditional non-linked ...
Even LIC Is Feeling The Heat In The Market Meltdown
The Nifty has lost a little more than 10 per cent since May 2019, wherein the index had crossed a record 12,000 points mark. Slowing growth, massive selling by Foreign Portfolio Investors and a jittery global environment have all contribued to ...
Govt, LIC Infuse Over Rs 9,000 Crore Into IDBI Bank
On Tuesday, the Union Cabinet approved the capital infusion of Rs 9,300 crore into IDBI Bank to increase the lender's capital base. Of the total funds, the government will make a one-time infusion of Rs 4,557 crore, while the rest will ...
Govt Lic Infuse Over Rs 9 000 Crore In Idbi Bank
LIC Mutual Fund Overnight Fund Floats On
LIC Mutual Fund has launched a new Open Ended Growth scheme named LIC MF Overnight Fund with a maturity period of days from the launch date. The New Fund Offer (NFO) price for the scheme is Rs 1,000.00 per unit, ...
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