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IDBI Bank has provided Rs247 crore specifically towards covid-19 pandemic related risks. Since 68% of its loan book is under moratorium, the provision made is woefully low. Photo: Mint

Covid-19 may stretch LIC's timeline to unlock value in IDBI Bank

2 min read . 01 Jun 2020

LIC is solely authorised to run the pension scheme that offers a total payout not exceeding ₹15 lakh.

LIC launches senior citizens' pension scheme. Check interest rate, other details

2 min read . 27 May 2020

Representative image (Photo: ANI)

Payments made for fitness certificate, driving licence won't lapse until 31 July

1 min read . 24 May 2020

LIC building (PTI)

Covid-19: LIC announces 30-day extension for premiums due in March and April

1 min read . 11 Apr 2020

The step was taken to mitigate the hardships in renewing the validity of crucial vehicle documents due to the three-week nationwide lockdown (HT)

Covid-19: Govt extends validity of driving licences that expired 1 February

1 min read . 31 Mar 2020

Trucks loaded with essential items stand parked outside a market, during a nationwide lockdown, imposed in the wake of coronavirus pandemic, in Navi Mumbai (Photo: PTI)

Govt extends till 30 June validity of driving licences that expired since 1 Feb

1 min read . 30 Mar 2020

State-owned Life Insurance Corporation of India has assets worth about ₹30 trillion. (Ramesh Pathania/Mint)

LIC—the government’s all-time financier—stays away from bailout of bank

4 min read . 16 Mar 2020

If the rumours about LIC's participation are true, it remains to be seen if LIC will bear the burden of 49% stake that SBI intends to pick up or not (Photo: PTI)

Now, LIC may be roped in as well to reconstruct Yes Bank

2 min read . 07 Mar 2020

LIC has a market share of 77.61% in number of policies and 70.02% in first year premium income as on January 31, 2020. (Mint)

Govt to retain management control in LIC after listing: Sitharaman

1 min read . 03 Mar 2020

There are four types of life insurance policies — term plan, unit-linked insurance plan, endowment plan and money back plan. Photo: iStockphoto

LIC’s IPO to benefit insurance industry, says Fitch Ratings

1 min read . 26 Feb 2020

Besides, unlisted firms, such as Life Insurance Corporation of India, will now derive relatively lower value, given the poor experience investors have had with other PSU stocks. (Pradeep Gaur/Mint)

The great disconnect in the govt’s gigantic disinvestment programme

2 min read . 24 Feb 2020

Due to a variety of unresolved legal and operational details, valuers believe the chances of an LIC IPO materializing in FY21 are low. (Photo: Pradeep Gaur/Mint)

What value may lie within the doors of LIC

10 min read . 21 Feb 2020

On the IPO of Life Insurance Corporation of India announced in the budget, Irdai said, 'LIC proposal has not yet come'. (Ramesh Pathania/Mint)

Irdai says 'yet to get' proposal from LIC on IPO

3 min read . 18 Feb 2020

LIC, IDBI Bank deny reports of merger between LIC Housing Finance and the bank

1 min read . 17 Feb 2020

The government’s plan to sell a part of its stake in LIC comes in the backdrop of its massive ₹2.1 trillion disinvestment target for the next fiscal.

As it prepares to list LIC, FinMin explores ways to infuse funds into insurer

1 min read . 16 Feb 2020

LIC’s biggest selling point is that it owns nearly three-fourths of the insurance market (Photo: Ramesh Pathania/Mint)

The LIC share sale is a valuer’s nightmare and a banker’s dream

3 min read . 16 Feb 2020

Chief Economic Advisor KV Subramanian (PTI)

6-7% LIC stake dilution enough to mop up ₹90,000 crore: CEA KV Subramanian

2 min read . 16 Feb 2020

ANMI to mobilise one crore investors for LIC's IPO

1 min read . 15 Feb 2020

According a market study by SBICAP Ventures, there are about 4.58 lakh stalled housing units and the aggregate funding required to complete the stalled projects is ₹55,000 crore. (Mint )

LIC Housing Finance refers 14 stuck projects for last-mile funding through AIF

2 min read . 14 Feb 2020

In Budget 2020, the government announced it wanted to partly disinvest its stake in LIC through an IPO. (Photo: Mint)

Opinion | Four metrics that LIC needs to focus on before divestment through IPO

4 min read . 13 Feb 2020

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