IDBI Bank Privatisation Timeline Extended to FY27
The government’s strategic disinvestment of IDBI Bank has been pushed to FY27, extending a process that has faced delays amid
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LIC
RBI imposes penalty on IDFC First Bank, LIC HFC
Reserve Bank of India has imposed monetary penalty of Rs 1 crore on private sector lender IDFC First Bank for
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Ex-LIC chief, former SBI MD among 3 new PSB chairmen
Govt has appointed former LIC chairman M R Kumar, former SBI MD A Krishna Kumar and Bank of Baroda director
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LIC to infuse Rs. 25 crore into LIC MF
Life Insurance Corporation’s board approved capital infusion of Rs. 25 crore in LIC Mutual Fund Asset Management Ltd (LIC AMC)
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LIC will invest Rs. 25 crore in LIC Mutual Fund
The board of Life Insurance Corporation authorised a preferential capital infusion of Rs. 25 crore into LIC Mutual Fund Asset
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LIC MF aims to be amongst top 10 over the next five years
LIC Mutual Fund, aims to be amongst the top 10 mutual fund houses over a five year period. “We want
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RBI clears LIC stake hike in Kotak Mahindra Bank
Life Insurance Corporation of India has got approval from the Reserve Bank of India to increase its stake in Kotak
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LIC MF woos India’s wealthy with new equity PMS
LIC Mutual Fund has recently launched an equity Portfolio Management Service (PMS), targeting High Net-Worth Individuals (HNIs) in India. The
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