Page 19 - Lic

LIC to shortly announce credit enhancement fund: Shaktikanta Das

In the Budget, Arun Jaitley had proposed that LIC will set up a dedicated fund to provide credit enhancement to infrastructure projects

LIC sees improvement in persistency ratios

Overall, persistency ratio of insurance policies from the fourth year onwards is becoming a concern area for life insurance companies.

LIC tops loyalty charts, but lead narrows

Private insurers snap at the heels of the public sector behemoth, closing the gap with the lead insurer according to a survey by IMRB

LIC: Lot of bank shares, few votes

Banking law caps voting rights at 10% and insurer's holding is over this limit in 18 banks

LIC Housing Finance sees improving outlook

Healthy growth of net interest income, net interest margin, loan book in quarter

LIC clocks Rs 11,000-cr profit via equity investments

Life insurance giant LIC has made a profit of Rs 11,000 crore through its equity investments in the recently concluded 2015-16, a senior official said today. "We saw some profit booking opportunities during the fiscal and have made a profit of Rs 11,000 crore through our equity investments in the recently concluded FY16," its executive director for investment operations, Pravin Kutumbe told reporters on the sidelines of an event here. He said the largest domestic investor pumped-in Rs 2.70 lakh crore across equity and debt markets in the fiscal, of which Rs 65,000 crore was in the equity segment. The depressed markets towards the latter part of the year led to the corporation exceeding on its equity investments target of Rs 60,000 crore announced earlier, he said. He said the banking sector, where a thorough clean-up is underway, presents value buying opportunities at present. The executive director, however, declined to give a sense of how the Life Insurance Corporation (LIC) of

LIC to increase its stake in Indian Overseas Bank to 14.50 %

Insurer to infuse Rs 200 cr into the bank

LIC remains white knight in disinvestments

The state-owned insurer's stake has increased by 3.9 percentage points to 12.98% in NTPC

LIC buys shares worth Rs 10,400 cr in 18 Sensex cos in Q3

LIC raised stake in Bajaj Auto, Axis Bank, Bharti Airtel, State Bank of India and HeroMoto Corp among others, during the quarter