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LIC insurance News

14 Apr 2017

LIC to soon get bankers on board for managing lending operations

Insurance behemoth LIC will soon obtain services of retired bankers to strengthen its lending operations and ensure that NPAs are kept at the minimum.

18 Feb 2015

LIC's new premium business jumps 52.7% in January

The company has expressed the hope it would be able to arrest the minor fall in the overall market share in the ongoing quarter.

Public sector insurer

13 Sep 2014

LIC favours raising FDI cap in insurance sector to 49%

Public sector insurer LIC has lent its support to government's proposal of raising the FDI limit in the sector to 49 per cent, a move criticised by a section of the select committee that is evaluating amendments to a Bill pending for four years in Rajya Sabha.

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