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  • Before buying a policy, check the insurer's claims settlement ratio Dec 24, 2019 08:34 AM IST

    Before buying a policy, check the insurer's claims settlement ratio

    At your end, ensure that you do not make any wrong declarations while filling up your proposal form

  • UTI AMC-PSUs-SEBI Saga: Is it a special case treatment of SEBI relenting with extension for stakeholders SBI, LIC and BoB? Dec 07, 2019 01:51 PM IST

    UTI AMC-PSUs-SEBI Saga: Is it a special case treatment of SEBI relenting with extension for stakeholders SBI, LIC and BoB?

    At present SBI, LIC, BoB, each hold nearly 18.5 percent stake in UTI AMC besides having their own independent mutual fund houses.

  • Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10% in UTI AMC by December 2020 Dec 06, 2019 09:10 PM IST

    Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10% in UTI AMC by December 2020

    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.

  • LIC waives off charges on credit card payments Dec 02, 2019 09:22 PM IST

    LIC waives off charges on credit card payments

    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.

  • Privatisation | When a crisis becomes an opportunity Nov 21, 2019 01:50 PM IST

    Privatisation | When a crisis becomes an opportunity

    The government’s decision to sell BPCL, SCI and Concor indicates it is no longer diffident about privatisation

  • Reporter's Take | LIC’s equity investments may touch all-time high Nov 15, 2019 05:31 PM IST

    Reporter's Take | LIC’s equity investments may touch all-time high

    Moneycontrol's Shraddha Sharma talks to M Saraswathy to understand how LIC invests and what is the YoY growth.

  • EXCLUSIVE: LIC’s equity investment in FY20 likely to reach above Rs 70,000 cr, an all-time high Nov 15, 2019 12:43 PM IST

    EXCLUSIVE: LIC’s equity investment in FY20 likely to reach above Rs 70,000 cr, an all-time high

    In 2019, LIC is looking to invest a total amount of Rs 3.49 lakh crore into debt and equities

  • AIF fund a positive step for real estate sector Nov 08, 2019 05:35 PM IST

    AIF fund a positive step for real estate sector

    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

  • PNB Housing Finance raises Rs 2,500cr by issuing bonds to LIC Nov 07, 2019 01:43 PM IST

    PNB Housing Finance raises Rs 2,500cr by issuing bonds to LIC

    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.

  • Learn these seven lessons to get past the financial blues Oct 18, 2019 10:27 AM IST

    Learn these seven lessons to get past the financial blues

    Instead of engaging in a futile blame game, the union finance ministry has to address the deep rooted malaise afflicting the financial sector

  • LIC refutes wealth erosion rumours, says it is in 'sound financial health' Oct 09, 2019 12:43 PM IST

    LIC refutes wealth erosion rumours, says it is in 'sound financial health'

    LIC asked its policyholders to not believe any rumours circulating on social media about the insurer's financial position

  • LIC maintains its vice-like grip, gains 3.34% in April-Aug period Sep 12, 2019 03:00 PM IST

    LIC maintains its vice-like grip, gains 3.34% in April-Aug period

    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.

  • IDBI Federal Life stake sale: LIC may be forced to sell at a cheaper valuation Sep 12, 2019 12:51 PM IST

    IDBI Federal Life stake sale: LIC may be forced to sell at a cheaper valuation

  • Why NDA govt bailed out 'private sector' IDBI Bank Sep 03, 2019 07:44 PM IST

    Why NDA govt bailed out 'private sector' IDBI Bank

    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.

  • Cabinet clears over Rs 9,000 crore capital infusion in IDBI Bank Sep 03, 2019 03:15 PM IST

    Cabinet clears over Rs 9,000 crore capital infusion in IDBI Bank

    The government will provide Rs 4,557 crore as one-time recapitalisation to IDBI Bank.

  • Now, CSR norms may cover state-run giants SBI, LIC Aug 16, 2019 09:39 AM IST

    Now, CSR norms may cover state-run giants SBI, LIC

    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

  • Life insurers register 6% growth in new premium in July Aug 15, 2019 07:42 PM IST

    Life insurers register 6% growth in new premium in July

    For the rest of the private sector players, the cumulative premium in April-July rose 27 percent to Rs 22,039.81 crore.

  • IDBI Bank looking to raise Rs 10,000 crore capital by September-end  Aug 14, 2019 07:16 PM IST

    IDBI Bank looking to raise Rs 10,000 crore capital by September-end 

    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.

  • UCO Bank approaches LIC for equity infusion Aug 08, 2019 08:58 PM IST

    UCO Bank approaches LIC for equity infusion

    The state-owned company is looking to raise Rs 4,500- 5,000 crore in the current fiscal.

  • LIC public listing back on govt agenda; may overtake RIL, TCS m-cap once listed: Report Jul 29, 2019 04:08 PM IST

    LIC public listing back on govt agenda; may overtake RIL, TCS m-cap once listed: Report

    LIC, which is the largest financial institution in India could easily become country’s top listed company if its shares get listed.

  • SFIO seeks action against Bhushan Steel's lenders, including SBI, PNB, LIC Jul 24, 2019 06:09 PM IST

    SFIO seeks action against Bhushan Steel's lenders, including SBI, PNB, LIC

    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

  • Weekly tactical pick: SBI Life Jul 19, 2019 08:32 AM IST

    Weekly tactical pick: SBI Life

  • General insurers see 10% premium growth in Q1, PSU insurers take top two spots Jul 16, 2019 04:13 PM IST

    General insurers see 10% premium growth in Q1, PSU insurers take top two spots

    Standalone health insurers posted 41.6% growth in Q1, growing faster than the industry.

  • SC declines to hear PIL alleging fraud in LIC's 'Jeevan Saral' insurance policy Jul 15, 2019 05:22 PM IST

    SC declines to hear PIL alleging fraud in LIC's 'Jeevan Saral' insurance policy

    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.

  • LIC cuts stake in Axis Bank to 10.2% Jun 24, 2019 09:24 PM IST

    LIC cuts stake in Axis Bank to 10.2%

    The insurance behemoth has been on a selling spree in the banking sector.

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