Dec 24, 2019 08:34 AM IST
At your end, ensure that you do not make any wrong declarations while filling up your proposal form
- Dec 07, 2019 01:51 PM IST
At present SBI, LIC, BoB, each hold nearly 18.5 percent stake in UTI AMC besides having their own independent mutual fund houses.
- Dec 06, 2019 09:10 PM IST
Sebi observed that LIC, SBI and BoB are the sponsors of LIC Mutual Fund, SBI Mutual Fund and Baroda Mutual Fund, respectively, and they also hold more than 10 per cent stake each in these mutual funds.
- Dec 02, 2019 09:22 PM IST
The Corporation said any credit-card originated payments towards renewal premium, new premium, or repayment of loan and interest on loans against the policies will not attract any additional charges or convenience fee its parlance, from December 1.
- Nov 21, 2019 01:50 PM IST
The government’s decision to sell BPCL, SCI and Concor indicates it is no longer diffident about privatisation
- Nov 15, 2019 05:31 PM IST
Moneycontrol's Shraddha Sharma talks to M Saraswathy to understand how LIC invests and what is the YoY growth.
- Nov 15, 2019 12:43 PM IST
In 2019, LIC is looking to invest a total amount of Rs 3.49 lakh crore into debt and equities
- Nov 08, 2019 05:35 PM IST
Slashing corporate tax, infusing INR 10,000 crore by the government, and repo rate reduction of 135 bps by RBI are real boosters for the sector
- Nov 07, 2019 01:43 PM IST
This issuance is through private placement basis with a door-to-door tenure of 10 years, and the proceeds will be utilised by the company for its normal course of business operations, the company said.
- Oct 18, 2019 10:27 AM IST
Instead of engaging in a futile blame game, the union finance ministry has to address the deep rooted malaise afflicting the financial sector
- Oct 09, 2019 12:43 PM IST
LIC asked its policyholders to not believe any rumours circulating on social media about the insurer's financial position
- Sep 12, 2019 03:00 PM IST
LIC has done well to see off competition from private life insurers, whose market share in the five months came down to 26.94 percent, from 30.28 percent a year earlier.
- Sep 12, 2019 12:51 PM IST
- Sep 03, 2019 07:44 PM IST
The government’s decision to infuse Rs 4,557 crore into IDBI Bank is a one-off exercise to help the bank recover from its NPA ills.
- Sep 03, 2019 03:15 PM IST
The government will provide Rs 4,557 crore as one-time recapitalisation to IDBI Bank.
- Aug 16, 2019 09:39 AM IST
A high-level committee, which submitted its recommendations on August 13 to the government, suggested extending CSR obligation to banks registered under the Banking Regulation Act, 1949
- Aug 15, 2019 07:42 PM IST
For the rest of the private sector players, the cumulative premium in April-July rose 27 percent to Rs 22,039.81 crore.
- Aug 14, 2019 07:16 PM IST
The bank has received binding bids for stake sale in its mutual funds subsidiary while the process is on for monetising investment in IDBI Federal Life Insurance.
- Aug 08, 2019 08:58 PM IST
The state-owned company is looking to raise Rs 4,500- 5,000 crore in the current fiscal.
- Jul 29, 2019 04:08 PM IST
LIC, which is the largest financial institution in India could easily become country’s top listed company if its shares get listed.
- Jul 24, 2019 06:09 PM IST
In its report that runs into over 70,000 pages, the investigating agency has charged officials of 13 banks of being hand-in-glove with the Bhushan Steel promoters
- Jul 19, 2019 08:32 AM IST
- Jul 16, 2019 04:13 PM IST
Standalone health insurers posted 41.6% growth in Q1, growing faster than the industry.
- Jul 15, 2019 05:22 PM IST
As per the plea, the proposal form of the scheme did not have any provision to mention the lower maturity sum assured and rather it it had a provision only for the higher death benefit.
- Jun 24, 2019 09:24 PM IST
The insurance behemoth has been on a selling spree in the banking sector.