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SK Roy News

28 Aug 2016

LIC to fill posts for 2 MDs; yet to name chairman

State-owned life insurer LIC, which is yet to name a chairman after the incumbent SK Roy in June announced surprise retirement two years ahead of his tenure, is looking at selecting two MDs for which eight EDs have been called for interviews.

01 Feb 2016

LIC invests Rs 1.5 trillion in G-Secs, crosses regulatory limits

The nation's largest insurance company has so far invested over Rs 53,000 crore into equities this fiscal, Roy told reporters after launching LIC's digital initiative wherein a customer can buy, check and claim her policy online.

24 Nov 2014

LIC says ready to buy shares in govt divestment programme

State-run insurance behemoth LIC has invested Rs 45,000 crore in equity markets so far this fiscal and is ready to purchase more shares when government undertakes its divestment programme, Chairman S K Roy said Monday.

India's markets

18 Sep 2014

LIC chairman bullish on outlook for India's markets

LIC chairman said he expected growth of 12 percent in insurance premiums this fiscal year, in line with 13.4 percent last year.

24 Aug 2014

LIC to invest Rs 50,000 cr in equity market this fiscal: Roy

Country's largest insurer Life Insurance Corporation plans to pump in about Rs 50,000 crore in the equity market, taking its total investment including in bonds to Rs 3 lakh crore during the current fiscal.

Life Insurance Corporation

06 Aug 2014

LIC may invest $9.8 bn in Indian equities in FY15

Roy says LIC`s 2014-15 equity investments seen at 600 billion rupees ($9.79 billion).

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