Absence of significant investor curiosity resulted within the authorities finally having to promote its majority stake in IDBI Financial institution to LIC. The division of funding and public asset administration (DIPAM) within the finance ministry on Tuesday floated a Request For Proposal (RFP), inviting transaction and authorized advisers for strategic disinvestment of IDBI Bank. As
LIC
Not solely has there been a rise within the individuals buying the coverage, however the excessive variety of deaths because of the coronavirus can also be resulting in extra claims being filed. (Picture: IE) Coronavirus and life insurance coverage: Ever for the reason that coronavirus pandemic struck final 12 months, individuals have develop into extra
LIC CSL launches Shugun reward card LIC Playing cards Companies Restricted (LIC CSL) on Tuesday (June 15, 2021) launched a contactless pay as you go Reward Card – ‘Shagun’ in collaboration with IDBI Bank on RuPay platform. This card goals to develop the Reward Card market and promote cashless methods of gifting. Initially, Shagun card
Consultant picture PMVVY scheme particulars: Senior residents aged 60 or above can subscribe to Pradhan Mantri Vaya Vandana Yojana (PMVVY) via the LIC web site on-line. That is a direct pension plan which may be bought on-line by paying a lump sum quantity. It gives a said quantity as pension for the coverage time period
According to an analyst, the Cabinet approval for IDBI Bank’s divestment is a positive step as the private or foreign entity could infuse better management, technologies and new funds IDBI Bank share price surged 15 per cent to Rs 43.50 apiece in intraday on BSE on Thursday, after the Cabinet Committee on Economic Affairs gave