In terms of Section 28B of the Life Insurance ... Board of India ("SEBI") vide its letter dated May 14, 2024 has conveyed its decision, to grant additional time of 3 years to the Corporation ...

Life Insurance Corporation of India is an India-based insurance company. The Company is engaged in the business of life insurance in and outside India. It offers a range of individual and group ...

The move is being discussed with the aim of creating a strong general insurance giant, similar to the Life Insurance Corporation of India (LIC), that can better compete with private players. The ...

Life Insurance Corporation of India was established on September 1, 1956 under the Life Insurance Corporation Act, 1956. The Corporation obtained Certificate of Registration, to undertake the ...

LIC and SBI Life-backed non-banking financial company Paisalo Digital is set to raise up to ₹27,000 lakh through a ...

especially old endowment and money-back policies of Life Insurance Corporation of India (LIC) and other companies, typically had guaranteed returns that were fixed at levels much higher than ...

The increase in FDI would be applicable to companies that invest the entire premium in India ... addition to amending the Insurance Act, 1938, the Life Insurance Corporation Act 1956 and the ...

“This enhanced limit will be available for those companies which invest the entire premium in India ... legislative excercise, the Life Insurance Corporation Act 1956, and the Insurance ...

This enhanced limit will be available to companies which invest the entire premium in India ... amendments in three laws – Insurance Act 1928, Life Insurance Corporation Act 1956 and Insurance ...

In contrast, domestic institutional investors—including Life Insurance Corporation of India (LIC), insurance companies, pension funds, and mutual funds—significantly increased their stakes ...