Thursday, October 28, 2021
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Life Insurance Corporation

Finance Ministry invites bids from actuarial firms for valuing LIC

The government plans to sell minority stake in the insurance behemoth and list it on the bourses

LIC sees 25 per cent growth in new business

Hyderabad: Life Insurance Corporation (LIC) said its new business performance for the year ended March has shown a growth of 25.17 per cent in...

Covid-19 impact: LIC listing, IDBI Bank stake sale may be postponed

The government aims to garner Rs 90,000 crore from the listing of LIC and stake dilution in IDBI Bank out of total the disinvestment target of Rs 2.10 lakh crore during the current fiscal.

Apply Now: Latest job & scholarship notifications

Northern Coal Fields Posts: 95 Name of the posts: Mining Sirdar T&S Grade C – 88 Surveyor T&S Grade B (Mining): 7 Mining Sirdar T&S Grade C Eligibility: Mining Sirdar...

LIC may be roped in to rescue Yes Bank

Official sources said that RBI, SBI and finance ministry officials were in touch with the insurer to see its interest to participate in the scheme. LIC spokesperson, however, could not be reached for comments.

Centre attempting to promote privatisation through disinvestment: Sena

"An attempt is being made to promote privatisation by announcing the sale of government share in LIC and IDBI Bank."

Nirmala Sitharaman’s thematics

Sitharaman cuts income tax, abolishes DDT; to spend more on agri, infra to boost growth

Talk on Save Water, Save Life

The talk was delivered by Mekapothula Vijay Ram, popularly known as Mithaiwala Vijay Ram.

RBI not in favour of changing IDBI Bank’s name

The board of IDBI Bank last month proposed change in the name of the lender to either LIC IDBI Bank or LIC Bank, following its takeover by Life Insurance Corporation.

5,600 farmers’ families get Rythu Bhima

As many as 5,600 farmers who died in the recent months in the State received Rs 5 lakh each under the Rythu Bandhu scheme.

Rythu Bhima: 92% of claims settled

A factor that underlines the importance of the scheme is that 90 per cent of the beneficiaries are marginal farmers' families.

LIC launches new plan

Hyderabad: Life Insurance Corporation of India (LIC) Chairman VK Sharma on Tuesday launched a new plan, LIC’s Jeevan Shanti, which will be available from...

Rythu Samanvaya Samithi conveners to get government vehicles

Hyderabad: Soon, the conveners of all district Rythu Samanvaya Samithi’s will be provided government vehicles as they have been tasked to procure harvest from...

306 families of deceased beneficiaries get Rythu Bhima insurance amount

Agriculture Principal Secretary C Parthasarathi held a review meeting on Rythu Bandhu claims settlement with LIC officials at his chambers on Tuesday.

52 nominees get Rythu Bhima amount

The Minister held a review meeting on Rythu Bandhu scheme at his camp office. Speaking on the occasion, he said the nominees of the 78 farmers will get the insurance claim amount.

TS pays Rs 636 cr to LIC for ryots bhima scheme

Hyderabad: The State government on Thursday paid Rs 636 crore to the Life Insurance Corporation on behalf of 28.95 lakh farmers towards their premium...

Ryots in Telangana to get SMS alerts on insurance cover

Hyderabad: Around 26.50 lakh eligible farmers and counting. That’s the progress made in the enumeration of farmers who would be eligible for the one-of-its-kind...

Insurance: 70 percent of ryots’ data collected

State government to launch unique Rythu Bandhu Group Life Insurance scheme on August 15

Rythu Bandhu: 8,207 villages covered

Earlier, the State government has decided to cover all the farmers under the life insurance scheme by bearing total premium for Rs 5 lakh insurance scheme.

LIC seeks time from TS for implementing ryot insurance

State Agriculture Department officials have been in consultation with the local LIC office over the drafting of the guidelines for the scheme as per directions from Chief Minister K Chandrashekhar Rao.

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