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Virbhadra Singh money laundering case: ED files chargesheet against LIC agent Anand Chauhan

Sep 06, 2016

Virbhadra Singh money laundering case: ED files chargesheet against LIC agent Anand Chauhan

The Enforcement Directorate (ED) on Tuesday filed a chargesheet against Life Insurance Corporation agent Anand Chauhan in the disproportionate assets case registered against Himachal Pradesh Chief Minister Virbhadra Singh. #Enforcement Directorate #Life Insurance Corporation #NewsTracker #Himachal Pradesh #Chargesheet #ED #Virbhadra Singh #Steel Minister #Anand Chauhan
Govt hints at LIC's IPO, says with Rs 22.10 lakh cr assets insurer commands over 15% of GDP

Sep 02, 2016

Govt hints at LIC's IPO, says with Rs 22.10 lakh cr assets insurer commands over 15% of GDP

With a profit of around Rs 40,000 crore last fiscal year, LIC is the most profitable entity in the country, next only to the Reserve Bank of India #GDP #RBI #Life Insurance Corporation #BSE #Arun Jaitley #LIC #policies #Market Cap
LIC chairman SK Roy, another UPA appointee, resigns before his 5-year term

Jun 23, 2016

LIC chairman SK Roy, another UPA appointee, resigns before his 5-year term

Roy has cited personal reasons for his premature exit from the country's biggest public sector financial institution #Life Insurance Corporation #Raghuram Rajan #RBI Governor #LIC #SK Roy #VK Sharma #Usha Sangwan
Tamil Nadu floods: Insurance firms relax claim settlement norms

Dec 11, 2015

Tamil Nadu floods: Insurance firms relax claim settlement norms

To make the claim settlement process easier for policyholders affected by the recent floods in Tamil Nadu and Puducherry, life insurers have extended several concessions and relaxed norms. #Life Insurance Corporation #NewsTracker #LIC #Birla Sun Life #Max Life #ICICI Prudential Life Insurance #Chennai Floods #Tamil Nadu floods #Puducherry floods
Budget 2014-15: Chidu fiddles as bad loans burn banks

Feb 17, 2014

Budget 2014-15: Chidu fiddles as bad loans burn banks

P Chidambaram has blithely ignored the full-blown banking crisis where Rs 10 lakh crore of stressed assets are building up. #P. Chidambaram #Life Insurance Corporation #ConnectTheDots #Kotak Mahindra Bank #Uday Kotak #bad loans #Vote on account
Can you afford to ignore LIC Housing's New Fixed 10 home loan?

Sep 06, 2013

Can you afford to ignore LIC Housing's New Fixed 10 home loan?

The interest rate of the New Fixed 10 home loan is 11.50 percent for ten years, while other lenders in the market are offering fixed rate loans in the range of 11.25 percent to 13.75 percent. But the question here is. #Investing #Life Insurance Corporation #LIC #Home Loans #prepayment fee #women's banking #financial sector in India
Cobrapost alleges LIC, SBI, Canara Bank facilitated money laundering

May 06, 2013

Cobrapost alleges LIC, SBI, Canara Bank facilitated money laundering

Aniruddha Bahal in the latest Cobrapost expose accused 23 private and public financial institutions of aiding money laundering. #Life Insurance Corporation #State Bank of India #Yes Bank #ListsEtc #Punjab National Bank #Cobrapost #Aniruddha Bahal #CobraPost bank expose
Irda: Insurers allowed to buy up to 15% stake in cos

Feb 08, 2013

Irda: Insurers allowed to buy up to 15% stake in cos

It is believed that the move was aimed at helping the disinvestment programme of the government. #Disinvestment #Life Insurance Corporation #NewsTracker #Irda
Govt acts tough with rich PSU, asks to invest more

Jun 18, 2012

Govt acts tough with rich PSU, asks to invest more

Many PSUs have been asked to invest their spare cash or park a portion those funds with the government. #ThatsJustWrong #Life Insurance Corporation #coal india #ONGC #Public-sector undertaking #ChartView
Insurance employees demand merger of four PSU insurers

Jun 16, 2012

Insurance employees demand merger of four PSU insurers

Employees of public insurance companies such as National Insurance, Oriental Insurance, New India Assurance and United India Insurance want the four companies to merge into one to reduce competition. #WhyNow #Life Insurance Corporation #Insurance