Latest News on Insurance Regulatory And Development Authority Of India
Showing of 0 - 10 from 9 results
Insurance Regulatory And Development Authority Of India - Total results - 9
Aug 31, 2018
LIC-IDBI Bank deal: State-owned lender approves insurance behemoth's proposal to pick up additional 7% stakeEarlier this month, the Union Cabinet had approved LIC's proposed acquisition of up to 51 percent stake in debt-ridden IDBI Bank.
Aug 18, 2018
IRDAI asks insurance firms to make provision to cover mental illness with immediate effectIRDAI asks insurance firms to make provision to cover mental illness with immediate effect
Jul 30, 2018
IRDAI says insurers sitting on cumulative Rs 15,167 crore in unclaimed money; big chunk lying with state-run LICInsurance Regulatory and Development Authority of India has asked insurers to identify policyholders or beneficiaries and disburse the claims.
Jul 17, 2018
IDBI Bank board seeks government's nod on LIC's proposal to acquire up to 51% stake in debt-ridden lenderOnce the deal goes through, IDBI Bank will get much-needed capital support to revive its fortune
Jul 10, 2018
LIC-IDBI Bank deal: Insurer to make open offer to minority shareholders of debt-ridden lenderLIC has been looking to enter the banking space by acquiring a majority stake in IDBI Bank as the deal is expected to provide business synergies despite the lender's stressed balance sheet
Jul 10, 2018
LIC unions oppose 51% acquisition of IDBI Bank by insurer; say 'forced' to participate in bank recap programAs per reports, LIC has been made to invest Rs 1,850 crore in PSBs in 2014-15 and 2,539 crores in 2015-16, the federation said in a letter to the LIC Chairman.
Jul 04, 2018
LIC-IDBI Bank deal: Insurer's proposed 51 percent stake buy may not require Parliament's approvalSince it is going to be a financial deal as per the LIC Act, the legislation would not require amendment, sources said
Apr 01, 2017
Truckers begin nationwide indefinite strike to protest insurance premium hikeAround 22 lakh trucks have stayed off the road in Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, Telangana and Puducherry since Thursday midnight.
Mar 14, 2016
Third party vehicle insurance premiums in India likely to cost moreIRDA has proposed a 3-30 per cent hike over the current premium rates