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LIC earns over Rs 14,000 crore profit from stock markets

LIC Income zoomed by 14000 crore from Indian Stocks market - Life Insurance Corporation of India (LIC), the country’s largest financial institution with a corpus of over Rs 31 lakh crore, has booked a profit of over Rs 14,000 crore...

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Start of An Era, LIC Enters Banking Business with 51% Stake in IDBI Bank

LIC is now the owner of IDBI Bank, as the Insurance Regulatory and Development Authority of India (IRDA) on Friday approved a proposal by Life Insurance Corporation of India (LIC) to raise its stake in IDBI Bank up to 51%...

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