LIC
Canara Bank, Union Bank, LIC Housing to challenge NCLT nod for Subhash Chandra’s ₹6.25 crore payout plan
Subhash Chandra denied accusations regarding a ₹22,000 crore personal debt, asserting true lender claims are ₹3,992 crore. Canara Bank, Union Bank, and LIC Housing Finance plan to contest the NCLT's endorsement of a contested repayment arrangement in upcoming NCLAT appeals.
2 min read29 Aug 2026LIC's record OFS stirs the 'near-zero' deal advisor fee debate again
LIC’s ₹31,500 crore share sale will earn its four investment banks a paltry ₹4 lakh in fees in total, reviving concerns over aggressive undercutting as banks chase prestige and future mandates, while the smaller advisors risk being priced out.
4 min read24 Aug 2026LIC gets RBI approval to raise stake in HDFC Bank from 4% to 10%. Details here
LIC held a 4.11% stake in HDFC Bank’s total share capital as of the latest available beneficial position on August 14, 2026.
1 min read20 Aug 2026For LIC, successful OFS and strong Q1 may not provide succour yet
The government's announcement of an offer for sale in LIC has positive implications but the stock trades at a higher multiple versus HDFC Life despite slower growth rates in future
2 min read7 Aug 2026LIC flags pressure on customer incomes even as Q1 profit rises 23%
LIC expects pressure on household savings to continue, weighing on premium growth, while a shift towards higher-margin non-par products helped boost profitability and strengthened the insurer's capital position in the June quarter.
4 min read6 Aug 2026LIC Q1 Results: Net profit rises 23% YoY to ₹13,492 crore; VNB jumps 61%
LIC reported a net profit of ₹13,492 crore for Q1 FY 2026-27, a 22.8% YoY increase. Total premium income grew 6.8% to ₹1,27,250 crore. Value of New Business surged 61.3% to ₹3,136 crore, with improved solvency and market share.
2 min read6 Aug 2026Bankers kept in dark on LIC’s unusually fast and large $3.3-billion OFS
Officials kept the LIC OFS launch date, as well as size and price, a secret to prevent traders from taking positions ahead of the sale and pushing the stock lower.
2 min read6 Aug 2026LIC OFS opens for retail investors. Should you participate as shares rebound?
LIC shares opened at ₹386 apiece today, as compared to previous close of ₹391.30 on Tuesday.
3 min read5 Aug 2026LIC sets board meeting date to declare Q1 results 2026. Check details
Life Insurance Corporation of India (LIC) will hold a Board meeting on August 6, 2026, to approve financial results for the quarter ending June 30, 2026. Investors await updates on premium growth and profitability. The trading window will remain closed until August 8, 2026.
2 min read30 Jul 2026Have unclaimed insurance and EPF amounts? Check where to make claims online under ‘Your Money — Your Right’ campaign
Today we explain how investors with unclaimed LIC insurance amounts or inoperative EPF accounts can check their dues and make claims online facilitated by the Centre's ‘Your Money — Your Right’ campaign.
3 min read23 Jul 2026Wait for it…
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