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LIC of India

FSIB selects new LIC Chairman; Siddhartha Mohanty to head

FSIB selects new LIC Chairman; Siddhartha Mohanty to head

Thu, Mar 23, 2023

After interviewing four candidates based on their overall experience and extant parameters on March 23, 2023, FSIB recommended Siddhartha Mohanty for the position of Chairperson in LIC of India, the Bureau said in a statement.

LIC Pradhan Mantri Vaya Vandana Yojana (Modified- 2020) Scheme: Top details, benefits of PMVVY

LIC Pradhan Mantri Vaya Vandana Yojana (Modified- 2020) Scheme: Top details, benefits of PMVVY

Mon, May 25, 2020

Pradhan Mantri Vaya Vandana Yojana has been launched with modified rate of pension for citizens aged 60 years and above.

LIC Policy: How to check plan and scheme status online

LIC Policy: How to check plan and scheme status online

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.

TRENDING NOW

IDBI Bank may get a new name soon, check what LIC has proposed

IDBI Bank may get a new name soon, check what LIC has proposed

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.

LIC's equity market investments slowdown

LIC's equity market investments slowdown

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.”

Jaiprakash Power allots 305.8 crore shares to lenders under SDR scheme

Jaiprakash Power allots 305.8 crore shares to lenders under SDR scheme

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."

Central Bank of India reports net loss of Rs 606 crore in Q3

Central Bank of India reports net loss of Rs 606 crore in Q3

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.

S4A scheme: HCC allots 19 crore equity shares to lenders

S4A scheme: HCC allots 19 crore equity shares to lenders

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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