After 65% investment wipe off, IDBI wants LIC’s name in title

IDBI Bank, which was acquired by Life Insurance Corporation recently, has posted a steep rise in net loss to Rs 4,185.48 crore for the third quarter ended December 2018 as against a loss of Rs 1,524.31 crore in the corresponding quarter of the previous fiscal. Continue Reading

LIC hands surplus cheque worth Rs 2.4K cr to FinMin

Chairman, LIC of India, V K Sharma presented the cheque of Rs 2,430.19 crore to the Finance Minister for the actuarial valuation as on 31 March. Continue Reading

LIC Housing Finance mega fair kicks off in city

A release stated that the major attraction for customers at the fair is that they can get registered and avail the benefit of NIL processing fee provided the loan is sanctioned before 30 November. Continue Reading