Lic

RBI says no to IDBI Bank name change proposal

RBI says no to IDBI Bank name change proposal

1 min read . 20 Mar 2019

For the third quarter ended December 2018, IDBI Bank reported widening of losses by nearly threefold to ₹4,185.48 crore. (Photo: Mint)

LIC may propose 3-5 year time for IDBI Bank stake cut

2 min read . 18 Mar 2019

M R Kumar takes charge as LIC's chairman

M R Kumar takes charge as LIC's chairman

1 min read . 14 Mar 2019

The LIC-IDBI Bank deal was completed in January 2019. (Mint)

RBI said to have pushed for IDBI Bank board’s independence before LIC deal

2 min read . 15 Mar 2019

Life insurers register 33% growth in new premium income at ₹18,209 cr in Feb

Life insurers register 33% growth in new premium income at ₹18,209 cr in Feb

1 min read . 14 Mar 2019

Kumar was Zonal Manager (in-charge) of North Zone and will hold the post of the LIC Chairman for five years

M R Kumar appointed LIC chairman

1 min read . 13 Mar 2019

LIC and IDBI Bank have set up a task force to implement synergies. (Mint)

IRDAI seeks proposal from LIC on stake reduction in IDBI Bank

1 min read . 11 Mar 2019

LIC hunts synergies with troubled IDBI Bank

LIC hunts synergies with troubled IDBI Bank

1 min read . 11 Mar 2019

Rakesh Sharma, a former MD and CEO of Canara Bank, was among the few bankers hired in 2015 from the private sector to lead big state-run banks. (Mint)

IDBI Bank plans to extend CEO Rakesh Sharma’s term by three years

2 min read . 11 Mar 2019

The specifications for the cards are high standard and would enable durable and quality cards

Driving licences, vehicle registration certificates to come in card format only

1 min read . 07 Mar 2019

IOC wins city gas licences for 10 areas, HPCL 9

IOC wins city gas licences for 10 areas, HPCL 9

2 min read . 27 Feb 2019

A spate of money market defaults by ILFS has put the spotlight on non-bank finance companies. Photo: Mint (Mint)

Parliamentary panel wants probe into IL&FS crisis

1 min read . 13 Feb 2019

IDBI may now become LIC IDBI Bank or LIC Bank

IDBI may now become LIC IDBI Bank or LIC Bank

1 min read . 05 Feb 2019

IDBI Bank had received ₹5,030 crore from LIC and on December 28, 2018 LIC had pumped in ₹14,500 crore capital into the bank. (Photo: Mint)

LIC to set time-line for paring IDBI Bank stake: Irdai

3 min read . 24 Jan 2019

Moody's upgrades IDBI Bank rating on improved solvency

1 min read . 23 Jan 2019

LIC completes acquisition of 51% stake in IDBI Bank

2 min read . 21 Jan 2019

A proposal form in insurance seeks all the relevant information from you that helps the insurance company in underwriting

Explained: What is a proposal form and why it’s important to fill it yourself

1 min read . 19 Jan 2019

The same patent claims have been ruled invalid by an administrative court, but VirnetX is in the process of appealing those determinations. Photo: Reuters

Apple loses bid to undo $440 million judgment in VirnetX patent case

1 min read . 15 Jan 2019

Of the total insurers currently in operation, eight are in the public sector and the remaining are in the private sector

Life Insurance Corporation’s market share falls below 70%

1 min read . 13 Jan 2019

Eulogising about the Centre’s ‘Digital India’ programme, the minister claimed that it had bridged the urban-rural divide.

Government will soon make Aadhaar-driving licence linking mandatory: Ravi Shankar Prasad

1 min read . 06 Jan 2019