For the July-September quarter, the government has raised interest rates on some small savings schemes.
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LIC premium receipt online
How to get LIC premium receipt online? Follow these simple steps to download LIC premium receipt- 1. Go to LIC of India s website2. Click on the Customer Portal3. Log in using your credentials or register as a New User4.…
नहीं देगी LIC आपके पैसे अगर…
LIC better then private insurers – IRDA
The claim settlement ratio of LIC was better than that of the private life insurers,” Insurance Regulatory and Development Authority said in its annual report.
Indian Post office Applied for Bank
The Department of Posts (Indian Post office) submitted application before the RBI for a license to offer full-fledged banking services. ‘We have approached RBI today and hopefully having met all the conditions of RBI, an in-principle approval might be given.…
Pranab assures LIC investors on safety of money
Union Finance Minister Pranab Mukherjee on Saturday assured the investors of Life Insurance Corporation of India that they would not lose any money on account of the recent unearthing of the housing loan racket involving some top officials of the LIC Housing Finance Ltd.
CBI arrests LIC Hsg CEO, PSB officials
CBI’s EOW chief P Kandaswamy said the agency has busted a housing loan scandal racket and arrested CEO of LIC Housing, General Managers of Bank of India and Central Bank of India (New Delhi) and CGM of Punjab National Bank. Several other bank officials have also been arrested on bribery charges.
LIC saves government’s divestment programme from disaster
Life Insurance Corporation of India (LIC) saved government’s divestment programme from disaster by investing up to 11,000 crore in public sector companies last year. According to the finance ministry statistics, LIC accounts about 43 percent of the Rs 25,000 crore raised by the government from four share issues.
Whose health policy suits you better, life insurance cos or general insurers
The debate on whether health insurance is safer in the hands of life companies or general insurers has been on since quite some time in India. Today, a host of non-life and life companies, including public sector behemoth Life Insurance Corporation (LIC) offer health cover to individuals. While the non-life companies continue to dominate the health space, this does not mean that they have had a smooth sailing all along, having been beset with loss-making health portfolios.
LIC to issue Pre-paid cards to clients
LIC entered the credit card business in March 2009 by floating a wholly-owned subsidiary — LIC Card Services . The ‘LIC Cards’ are managed by Corporation Bank and the Visa is the payment service provider.