Wed, Jul 03, 2019
LIC policyholder can check policy details, bonus, premium, nominee related information by visiting the LIC website or sending SMS at 56677.
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Tue, Feb 05, 2019
LIC has completed the acquisition of 51 per cent controlling stake in IDBI Bank last month, marking the entry of more than 60 years old state-owned insurer into the banking space.
Tue, Feb 28, 2017
VK Sharma, Chairman of LIC, said, “This year in equity investments we are subdued and this was a deliberate decision as markets have gone up very high. We are a contrarian player in the market and our primary goal is to invest for long term and not play trader in the market.”
Sun, Feb 19, 2017
In a BSE filing on February 18, 2017, Jaiprakash Power said, "We wish to inform that upon approval of allocation of conversion of part of outstanding debt amount into equity shares amongst banks and financial institutions, the stakeholders relationship committee in its meeting, has alloted 305,80,00,000 equity shares of Rs 10 each at a price of Rs 10 per share to its lenders pursuant to implementation of SDR."
Sat, Feb 04, 2017
During the quarter, the bank has allotted 1,71,44,954 equity shares at a face value of Rs 10 each and also at a premium of Rs 81.45 per share on preferential basis to LIC Of India.
Mon, Jan 09, 2017
HCC added, “LIC of India and Vijaya Bank are also in the process of the completing their respective internal processes for S4A scheme and upon completion of the same, it will further proceed to issue and allot corresponding equity shares and OCDs to them.”
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