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Total 100 results found. Search for [ LIC stake in IDBI ]

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BusinessToday.In
March 25, 2019
Although IDBI Bank is technically a private entity, its controlling stake is with LIC, which a 100 per cent government controlled entity.


PTI
New Delhi, March 20, 2019
The board of IDBI Bank had last month sought RBI's approval for change in the name of the lender to either LIC IDBI Bank or LIC Bank following the takeover by LIC


PTI
March 20, 2019



PTI
March 17, 2019
Besides the RBI, change of name requires clearance from the Ministry of Corporate Affairs, shareholders, stock exchanges, among others.


PTI
March 17, 2019



PTI
March 15, 2019



BusinessToday.In
New Delhi, March 15, 2019
108 economists denounce tinkering with India's economic indicators; call for unityExpressing concerns over \"political interference\" in statistical data in India, as many as 108 economists and social scientists on Thursday called for restoration of \"institutional independence\" and integrity of statistical organisations. Their appeal comes against the backdrop of controversy over revision of gross domestic product (GDP) numbers and withholding employment data by the NSSO. Cooking gas, ...


PTI
March 14, 2019
In January, LIC completed the process of picking up a controlling 51 per cent stake in the nearly crippled IDBI Bank.


PTI
March 14, 2019



PTI
March 11, 2019



PTI
March 11, 2019
The major areas identified are pertaining to selling of LIC policies through IDBI branches, management of cash and other premium receipts of LIC, enabling the technical wherewithal for offering digital solutions to both the policy holders of LIC as well as IDBI customers.


PTI
March 10, 2019



PTI
New Delhi, February 4, 2019
Last month, the insurance behemoth completed the acquisition of 51 per cent controlling stake in IDBI Bank, marking the entry of more than 60 years old state-owned insurer into the banking space.


PTI
February 4, 2019



PTI
February 4, 2019



PTI
February 3, 2019
The permissible limit for an insurer to hold stake in any listed entity is 15 per cent. But LIC, with special dispensation from IRDAI, holds more than the limit in some state-run banks.


PTI
January 21, 2019



PTI
January 21, 2019



PTI
January 21, 2019
LIC had 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.


PTI
January 21, 2019



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