Life Insurance Corp. of India

MUMBAI: The Reserve Bank of India (RBI) has begun evaluating at least five potential bidders interested in picking up a majority stake in state-owned IDBI Bank Ltd, three people familiar with the matter told Reuters.Kotak Mahindra Bank,…

NEW DELHI: The Life Insurance Corp of India(LIC) is planning to impose caps on its debt and equity exposure to companies, two sources said, in a bid to lower concentration of risk following criticism of its investment in Adani group…

The Indian government is considering mandating the Life Insurance Corp of India (LIC) and sovereign pension fund to invest 1% of their assets under management in bonds issued by state-run power lending firms to finance green projects, two…

Success with the initial public offering (IPO) of Life Insurance Corp. of India (LIC) may prompt the government to privatize one of its general insurance companies this year, two people aware of the matter said.…

Image Source : PTI LIC to file draft IPO papers with Sebi by November…

Even as state-run banks increasingly rely on equity markets for capital as government funds dry up, a closer look at the fundraising numbers shows Life Insurance Corp. of India (LIC), the state-owned behemoth, continues to be their biggest…

Eighteen investment banks are competing to manage the initial public offering (IPO) of Life Insurance Corp. of India, which is set to be the biggest share sale in the country, three people aware of the selection process said. The last date…