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Business  /  Published 28.11.22

IDBI to stay Indian bank

The government will not have any board seats or participate in the management...
By PTI in New Delhi

Business  /  Published 24.11.22

Higher cap on insurance expenses

In deferred annuity policies, cap raised to 15% from 10% in first-year premiums...
By A Staff Reporter in Calcutta

Business  /  Published 17.11.22

Piramal drops suit against Reliance Power

The company withdrew the application under section 7 of the Insolvency and Bankruptcy Code 2016, a BSE filing stated...
By PTI in New Delhi


Business  /  Published 29.10.22

LIC stirs Rs 1.8 trillion payout pot

LIC had changed the rules to share the surplus in policy funds last month...
By Our Special Correspondent in Mumbai

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Business  /  Published 24.10.22

No veto power in IDBI

Bank is valued at Rs 47,633 crore but govt is looking for at least a 30 per cent markup in the sale...
By PTI in New Delhi

Business  /  Published 08.10.22

Govt begins IDBI selloff exercise

At present, Life Insurance Corporation holds a 49.24 per cent stake in the bank, while govt has a 45.48 per cent stake...
By Our Special Correspondent in New Delhi

Business  /  Published 30.09.22

EoIs for IDBI stake sale soon

Centre holds 45.5 per cent of the bank and Life Insurance Corporation of India owns 49.24 per cent...
By R. Suryamurthy in New Delhi


Business  /  Published 15.08.22

LIC targets bank channel

Growing the alternate channels has been a challenge for the country’s biggest life insurer unlike private players...
By A Staff Reporter in Calcutta


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