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Total 1142 results found. Search for [ LIC of India ]

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BusinessToday.In
October 23, 2020
The minimum purchase price is Rs 1,50,000. Modes of annuity offered by LIC are yearly, half-yearly, quarterly and monthly, with the minimum annuity being Rs 12,000 per annum


PTI
October 20, 2020
The government is likely to further extend the deadline for putting in a preliminary expression of interest for the loss-making national carrier to December 15


Anand Adhikari
New Delhi, October 20, 2020
The new age  NBFCs like lending Fintechs and  Peer 2 Peer  lenders ,which are serving the under-served and unbanked customers,need a further strengthening of regulations in the light of new business challenges thrown up by the Covid -19. Few months ago, the RBI had raised a red flag citing some malpractices like charging exorbitant interest rates , harsh recovery methods by using social media tools and unauthorised use of customers personal data. Post the pandemic, the problems of new age NBFCs have only compounded because of drying up of funding sources and the unsecured nature of loans and risky non salaried customers. A comprehensive review of operations of these new age NBFCs will certainly provide key sights on how these models are working , their credit appraisal system , the gaps in risk management , level of auditing , compliance culture and the governance framework. In fact, a timely intervention by the RBI will be good for the growth of new age NBFCs and also the financial system. Watch as Anand Adhikari, Executive Editor, Business Today, explains. Read more: Wait till Q4! RBI Governor Das sees light at the end of the tunnel for economyAlso watch: First big step in creating 'Too Big To Fail' framework for LIC, GIC Re and New India


Chitranjan Kumar
October 19, 2020
Tata Motors was the largest spender on R&D in FY20 with investment of Rs 3,100 crore, which amounts to 7.10 per cent of its total revenue


BusinessToday.In
October 19, 2020
As per the latest shareholding pattern available on the BSE, LIC has increased its stake in Kotak Mahindra Bank by 0.73 per cent to 3.18 per cent from 2.45 per cent earlier


PTI
October 18, 2020
In November last year, the Reserve Bank referred DHFL, the third largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings


BusinessToday.In
October 15, 2020
India Stock Market Highlights Today: Tech Mahindra, followed by HCL Tech, TCS, ICICI Bank, Bajaj Finance and ITC were among the top losers on Sensex today. On the other hand, Tata Steel, ONGC, NTPC, Asian Paints, M&M, Nestle India and Bharti Airtel were among the gainers


Anand Adhikari
October 14, 2020
While the proposal of the Clix Group for a merger with Lakshmi Vilas Bank is pending with the Reserve Bank of India, the board of the bank is meeting tomorrow to take a call on the rights issue


Aseem Thapliyal
October 14, 2020
Jhunjhunwala increased stake in the company to 1.53 percent in Q2 from 1.47 percent in June quarter


BusinessToday.In
October 12, 2020
Share price of Vedanta Ltd fell 23.1% intra day to Rs 94 against previous close of Rs 122 on BSE


BusinessToday.In
October 12, 2020
The share opened at Rs 490.25 causing loss of Rs 63 or 11.50% to investors. Price band of the IPO was fixed at Rs 552 to Rs 554 per share


Anand Adhikari
New Delhi, October 8, 2020
The Insurance Regulatory and Development Authority of India  ( IRDAI) has identified three state owned insurance companies - LIC, GIC Re and the New India Assurance Company as 'too big to fail' institutions. The firms are so big and important that their failure will impact the entire financial system. These institutions will be subjected to higher supervision by the insurance regulator. There's a need for the implementation of the new framework in letter and spirit. The government and regulator are required to follow a broad governance framework in a more rigorous manner.  Anand Adhikari, Executive Editor of Business Today, explains. Watch the video for more.Also Read: This midcap IT stock delivered 130% returns in 11 months; should you buy?


BusinessToday.In
October 7, 2020
The total billionaire wealth rose by more than a quarter during the early months of the coronavirus pandemic to reach $10.2 trillion in July, breaking the previous record of $8.9 trillion at the end of 2017


Anand Adhikari
October 5, 2020
While the 94-year Laksmi Vilas Bank is a much smaller bank with a balance sheet of Rs 25,000 crore, one-tenth of YES Bank and one-twelfth of IDBI Bank, it needs immediate infusion of capital


BusinessToday.In
October 5, 2020
The allotment for the shares is expected to be known by October 7/ October 8. Those who had bid for the issue can check the subscription status on the online portal of KFin Technologies, the registrar to the issue


Aprajita Sharma
October 1, 2020
If you declare that you are a smoker but have no lung disease, you may get a health policy at the same premium as a non-smoker without medical tests; but things may be different for life insurance


BusinessToday.In
September 30, 2020
The Rs 2,160-crore initial public offering of UTI Asset Management Company was subscribed 78.5 per cent on the second day of bidding on Wednesday


BusinessToday.In
September 30, 2020
Lachman Das Mittal is the owner and chairman of Sonalika Group, which has grown to become the third-largest tractor manufacturer in India


BusinessToday.In
September 29, 2020
The government is planning to sell 25 per cent stake in Life Insurance Corporation (LIC) of India via public offering amid drying revenue and widening budget gap


BusinessToday.In
September 29, 2020
The objective of the offer is to achieve the benefits of listing the equity shares on the stock exchanges. Being an OFS, the net proceeds from the share sale of UTI AMC will go to existing shareholders SBI, LIC, BoB


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