LIC celebrates its 67th anniversary

"Beginning with an initial capital of Rs 5 crore in 1956, the LIC as on March 31, 2023 has Assets Under Management (AUM) of Rs 43,97,205 crore," the LIC said in a statement.

LIC of India introduces LIC’s Dhan Varsha

This plan provides financial support for the family in case of unfortunate death of the life assured during the policy term. It also provides a guaranteed lump sum amount on the date of maturity for the surviving life assured.  

Govt, LIC to divest 60.72 per cent stake in IDBI Bank

The Government of India and the Life Insurance Corporation of India (LIC) will together divest 60.72 per cent stake in IDBI Bank. The government on Friday invited the expression of interest for the divestment of stakes in the bank.