life insurance corporation


Latest from life insurance corporation

Congress vs BJP as LIC shares fall nearly 40% in first year of listing

LIC has tumbled 40% since its trading debut a year ago. The Congress attacked the Centre over the fall in the company's market capitalisation.

Senior Congress leader Jairam Ramesh and BJP IT-cell head Amit Malviya
Updated on May 17, 2023 09:17 PM IST
By, New Delhi

LIC names Siddhartha Mohanty as its first CEO; why chairman post discontinued?

Siddhartha Mohanty will become the first chief executive of the Life Insurance Corporation of India (LIC) as it aligns with other public listed companies.

Siddhartha Mohanty was managing director of Life Insurance Corporation of India (LIC) during its initial public offering (IPO) launch.(REUTERS)
Published on Apr 28, 2023 07:19 PM IST

7 booked for taking loans of 1.33 cr on fake LIC policies

The accused have been identified as Rani Durairaj and Sonali Borse – the insurance agents – as well as Vaishali Shigvan, Manish Jaiswal, Deepak Dani, Ranjit Prasad and Prakash Bet – the borrowers.

“Later, the bank checked and found the LIC policies to be fake as well. When the borrowers were traced, they said that the two female agents had told them they were taking small loan amounts. However, they learnt they had taken a bigger loan amount in the two agents’ names and had paid the borrowers a very small amount. The two agents had also told them they needed the loan for only three months and will soon repay it,” said the police officer. (Image for representation)
Updated on Apr 23, 2023 12:35 AM IST
ByVinay Dalvi

LIC ADO Prelims exam results 2023 out on licindia.in, know how to check

LIC ADO Prelims results 2023 announced on licindia.in. Direct link and other details here.

LIC ADO Prelims exam results 2023 out on licindia.in, know how to check(Getty Images/iStockphoto)
Published on Apr 10, 2023 11:09 AM IST
By, New Delhi

What are five financial tasks you must do before March 31?

From PAN-Aadhaar linking to mutual fund nominations, these tasks should be completed before end of this financial year.

Unless there is a big surprise in U.S. inflation data, the rupee should hold the 82.40-82.90 range, a trader at a Mumbai-based bank said. (File)
Updated on Mar 30, 2023 02:26 PM IST
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