LIC News

LIC Jeevan Amar plan offers insurance coverage upto 80 years, special rates for women, non-smokers

LIC Jeevan Amar Plan 855 Details: The minimum Basic Sum Assured (BSA) under the plan is Rs 25 lakh with no maximum limit. The policyholder has the option to choose from single, regular and limited premium payment option.

LIC ADO prelims results declared, how to check

LIC ADO prelims results 2019: The candidates who appeared in the examination can check the results through the official website- The main examination will be conducted on August 11


LIC AAO Main results 2019 declared, how to check

LIC AAO Main results 2019: The result is available at the website- The recruitment examination was conducted for the the post of Assistant Administrative Officer (AAO)

LIC listing back on agenda, as govt looks to give disinvestment a boost

If the LIC shares are listed on stock exchanges, it could easily emerge as the country’s top listed company in terms of market valuation, overtaking current leaders Reliance Industries Ltd and Tata Consultancy Services.

LIC ADO recruitment 2019: Vacancies for 1753 ADO posts, apply online

LIC ADO recruitment 2019: There are a total of 1753 ADO vacancies in the various divisional offices under Western Zonal offices, Maharashtra. The online application process will begin from May 20, 2019.

IDBI may now become LIC IDBI Bank or LIC Bank

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.


Four names shortlisted for LIC Chairman post

This is the first time that a longer list of four names have been prepared which normally used to have 2 or maximum 3 names on earlier instances

SC to hear appeal against LIC’s acquisition of 51% stake in IDBI

The All India IDBI Officers’ Association said that the LIC’s move to acquire 51 per cent stake in IDBI violated provisions of the Insurance Act.

Delhi HC dismisses appeal against LIC move to acquire 51% stake in IDBI

The IDBI, in which the government holds 85.96 per cent stake, had posted a net loss of Rs 2,409.89 crore in the quarter ended June 2018. It had posted a gross non-performing asset (NPA) of about Rs 57,807 crore.

Delhi HC rejects plea against LIC move to acquire 51 per cent stake in IDBI

Justice Vibhu Bakhru rejected the petition by the All India IDBI Officers Association, which had opposed the move of Life Insurance Corporation (LIC) on the ground that change in shareholding could take away the public sector bank status of IDBI.