LIC News

Government Aims to Finalize IDBI Bank Stake Sale by FY26 End, Says Dipam Secretary

The Indian government is moving forward with the sale of its stake in IDBI Bank, aiming to shortlist a final bidder by the end of the financial year. The sale involves a 60.7% stak...

R Doraiswamy Takes the Helm at LIC: A New Era Begins for India's Insurance Giant

R Doraiswamy has been appointed as the new MD & CEO of LIC, bringing over 38 years of experience. His tenure begins as LIC looks to the future under his leadership.

Indian Overseas Bank Secures Rs 1,436 Crore Through Strategic QIP, Attracts Major Investors Like LIC and SBI

Indian Overseas Bank (IOB) has raised Rs 1,436 crore through a QIP, with major investments from LIC and SBI. The move increases its capital and plans for future growth, aiming to b...