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Life Insurance Corporation of India

LIC Pension Plan ALERT! Get Rs 10,000 pm, but time running out, do this fast to benefit from PMVVY policy

LIC Pension Plan ALERT! Get Rs 10,000 pm, but time running out, do this fast to benefit from PMVVY policy

Thu, Feb 20, 2020

LIC Pension Plan: LIC offers Pradhan Mantri Vaya Vandana Yojana (PMVVY) to senior citizens that can provide Rs 10000 a month. The scheme to end on 31 March 2020

LIC policy registration: Here is how to apply for Life Insurance Corporation online registration

LIC policy registration: Here is how to apply for Life Insurance Corporation online registration

Tue, Feb 18, 2020

LIC policy registration: If you want to apply for new policies or renew or update the existing ones with the Life Insurance Corporation of India (LIC) and don't know what to do, we have an answer. You can do this without any hassle by just getting yourself registered online.

LIC policy to protect policyholders: Know these facts to expedite your grievance redressal process

LIC policy to protect policyholders: Know these facts to expedite your grievance redressal process

Fri, Feb 14, 2020

LIC policy to protect policyholders: LIC has created a policy document to protect the interests of policy holders. Among other things, the policy document has prescribed guidelines for redressal of grievances of customers

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LIC schemes: Get Rs 1 crore to Rs 10 lakh guaranteed return, insurance benefits!

LIC schemes: Get Rs 1 crore to Rs 10 lakh guaranteed return, insurance benefits!

Mon, Oct 15, 2018

LIC Bima Shree Policy vs Jeevan Shiromani Plan: The Life Insurance Corporation of India (LIC) provides several schemes that come with moneyback guarantee.

This LIC scheme guarantees Rs 1 crore, Insurance benefits and more; Details here

This LIC scheme guarantees Rs 1 crore, Insurance benefits and more; Details here

Sun, Oct 07, 2018

LIC's offers both protection and savings to High Net-worth individuals (HNIs).

Biggest wealth asset: Did you fail to get? You will lose your money

Biggest wealth asset: Did you fail to get? You will lose your money

Thu, Oct 04, 2018

A human being’s biggest wealth is health. Health insurance as a protection measure improves not only the ability to treat disease, but also saves your hard-earned money from depletion. Protecting the savings, in turn, will give a security in your autumn years.

IL&FS group stocks end mixed, IL&FS Investment surges 10%

IL&FS group stocks end mixed, IL&FS Investment surges 10%

Wed, Sep 26, 2018

IL&FS group stocks ended mixed Wednesday, a day after state-owned insurer LIC said it will not allow debt-ridden IL&FS to collapse and explore options to revive it.

Have insurance policy? Never make this one mistake

Have insurance policy? Never make this one mistake

Wed, Sep 26, 2018

The primary objective of a life insurance policy is to provide financial cover in the eventuality of a mishap and to provide a consistent flow of income in the absence of the breadwinner.

LIC Jeevan Shanti pension plan vs Jeevan Akshay vs Jeevan Nidhi vs Pradhan Mantri Vaya Vandana Yojana : Benefits explained

LIC Jeevan Shanti pension plan vs Jeevan Akshay vs Jeevan Nidhi vs Pradhan Mantri Vaya Vandana Yojana : Benefits explained

Sat, Sep 22, 2018

The Life Insurance Corporation (LIC) of India launched a new pension policy - Jeevan Shant - recently. The policy came as a surprise to many as it comes with a deffered annuity option.

LIC board approves investment plan to buy 51% IDBI Bank stake

LIC board approves investment plan to buy 51% IDBI Bank stake

Mon, Jul 16, 2018

Earlier in June 2018, insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI) approved LIC's proposal to increase its stake in troubled IDBI bank with certain terms and conditions. As per current regulations, an insurance company cannot own more than 15 per cent in any listed financial firm. However, it can own more stakes of a listed firm by seeking permission from IRDAI.

IDBI Bank deal: Should LIC policyholders worry?

IDBI Bank deal: Should LIC policyholders worry?

Tue, Jul 10, 2018

While LIC is the white knight when it comes to rescuing government's plans, so far there is little data to suggest that LIC's investment decisions have back-fired. LIC has a stake in no less than 29 banks. In the past, it has bought stakes in Initial Public Offerings (IPO), follow-on public offers, and share-sales of many PSU firms. LIC had invested a good chunk of money in NTPC stake sale, the SBI Rs 15,000-crore Qualified Institutional Placement in 2014, and state-owned entity IPOs like that of Hindustan Aeronautics Ltd, General Insurance Corporation of India and New India Assurance.

Infosys completes Rs 13,000 crore buyback

Infosys completes Rs 13,000 crore buyback

Sat, Dec 23, 2017

IT services major Infosys today said it has completed its Rs 13,000 crore buyback programme that saw participation from Sudha Gopalakrishnan, Rohan Murty and LIC among others.

LIC's Jeevan Akshay plan may be stopped from next month

LIC's Jeevan Akshay plan may be stopped from next month

Wed, Nov 29, 2017

To opt for Jeevan Akshay, a minimum age requirement is 30 years, while maximum is 65 years. A person can start this plan by making a minimum investment of Rs 1 lakh, however there is no maximum limit.

LIC's to stop Jeevan Akshay plan from next month

LIC's to stop Jeevan Akshay plan from next month

Wed, Nov 29, 2017

To opt for Jeevan Akshay, a minimum age requirement is 30 years, while maximum is 65 years. A person can start this plan by making a minimum investment of Rs 1 lakh, however there is no maximum limit.

IRDAI asks ICICI Prudential to take over Sahara insurance business

IRDAI asks ICICI Prudential to take over Sahara insurance business

Sat, Jul 29, 2017

Embattled Sahara group chairman Subrata Roy had met Irdai chairman to seek more time to resolve the crisis at his life insurance arm on July 24. ICICI Prudential had submitted a valuation report to the regulator to take over the company on the same day.

LIC sells 2% stake in Mahindra & Mahindra

LIC sells 2% stake in Mahindra & Mahindra

Sun, Jul 16, 2017

The Mahindra & Mahindra on Saturday said the Life Insurance Corporation of India (LIC) has brought down its stake to less than 10 per cent in the company by divesting around two per cent of its holding in the firm.

SBI says $2.3 billion share sale satisfies capital needs for at least a year

SBI says $2.3 billion share sale satisfies capital needs for at least a year

Fri, Jun 09, 2017

SBI chief Arundhati Bhattacharya told media on Friday that the bank's capital ratios will strengthen via $2.3 billion stake sale and are adequate for at least a year and it may not have to tap equity markets.

LIC earns total investment income of Rs 1.80 lakh crore in FY17

LIC earns total investment income of Rs 1.80 lakh crore in FY17

Sun, May 21, 2017

LIC has earned a total investment income of Rs 1,80,117 crore in FY17 through investment in government bonds and state development loans, interest, corporate bond interest, dividend income and profits on sale of equity.

PSU insurers gain big from ITC; private players turn 'responsible'

PSU insurers gain big from ITC; private players turn 'responsible'

Sun, Apr 16, 2017

The petition has alleged that the substantial investments made by wholly-owned public sector undertakings in the tobacco industry is in contradiction to the anti-tobacco stance taken by the Government of India on a national as well as on an international level.

LIC's stake in Infosys rises to 7.02%

LIC's stake in Infosys rises to 7.02%

Sat, Feb 11, 2017

The disclosure comes at a time when the company's founders and its board have clashed over the issues of corporate governance, CEO compensation and severance pay of former CFO.

Railways may create Rs 6.7 tn biz opportunity in 5 yrs: Crisil

Railways may create Rs 6.7 tn biz opportunity in 5 yrs: Crisil

Tue, Jan 24, 2017

Crisil today said the upcoming Union Budget could allocate funds to the tune of Rs 1.3-1.4 trillion in this sector for 2017-18, a move which could help in faster execution of projects in this space.

UTI AMC may become 1st mutual fund company to enter stock market

UTI AMC may become 1st mutual fund company to enter stock market

Mon, Sep 05, 2016

This IPO may allow a partial exit of the four sponsors in equal proportions.

If LIC was listed, it would be the most valued company in India: Arun Jaitley

If LIC was listed, it would be the most valued company in India: Arun Jaitley

Thu, Sep 01, 2016

If the nation's largest financial entity LIC is listed on the bourses, it would command the highest valuation in the country in terms of market capitalisation, Finance Minister Arun Jaitley said on Thursday.

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