Life Insurance Corporation of India is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of ₹2,529,390 crore. Read More
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved a capital infusion of Rs 4,557 crore by the government in the IDBI Bank. ...
Digital payments leader Paytm has announced that within a year of the launch of yet another important payment use-case - 'Loan EMI, Credit Card Bill, and Insurance premium' - it has captured 70 per cent market share amongst all mobile payment apps fo ...
China-backed Asian Infrastructure Investment Bank (AIIB) along with international financial institutions Asian Development Bank (ADB) and International Finance Corporation (IFC) may join India's proposed credit enhancement corporation, the National I ...
The Supreme Court on Monday dismissed a plea by Moneylife Foundation alleging major scam by Life Insurance Corporation (LIC) through its 'Jeevan Saral' insurance policy, which cheated lakhs of consumers especially the elders and pensioners. ...
The government has decided to provide capital support to a new credit enhancement non-banking finance company (NBFC) that will be set up this year by infrastructure financing firm, India Infrastructure Finance Co Ltd (IIFCL) in joint venture with the ...
A non-profit organization engaged in promoting financial literacy has moved the Supreme Court, alleging cheating, especially of senior citizens, by the Life Insurance Corporation (LIC) through its Jeevan Saral policy, in which nearly 5 crore policy h ...
A non-profit organization engaged in financial literacy advocacy has moved the Supreme Court alleging mass cheating, especially of senior citizens, by Life Insurance Corporation of India (LIC) through Jeevan Saral policy, wherein approximately 5 cror ...
The total unclaimed deposits of scheduled commercial banks increased to Rs 14,578 crore in 2018, up 26.8 per cent from Rs 11,494 crore in 2017, Parliament was informed. ...
