The Reserve Bank of India (RBI) has granted approval to the Life Insurance Corporation of India (LIC) to increase its stake in HDFC Bank to nearly 10 per cent. This decision follows a regulatory submission made...
The Centre's recent sale of a $3.3 billion stake in the Life Insurance Corporation of India (LIC) was conducted with remarkable quickness and discretion. Bloomberg reported that even the investment banks involved were informed only hours...
As a step towards women empowerment and financial inclusion, Prime Minister Narendra Modi launched the ‘Bima Sakhi Yojana’ of Life Insurance Corporation of India...