FSIB to soon start selection process for new LIC chairman
The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, may select a new ...
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Tag: LIC
DIPAM rubbishes media reports of IDBI Bank disinvestment deferment
The Finance Ministry on Friday denied media reports which claimed that the disinvestment process in IDBI Bank has been deferred ...
Read moreGovt appoints Siddhartha Mohanty as interim chairman of LIC
The government has appointed Siddhartha Mohanty as the interim chairman of Life Insurance Corporation of India (LIC) for three months ...
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Total exposure of 5 state-run general insurers in Adani group at Rs 347 cr: MoS Finance
Five state-run general insurance companies have a total exposure of Rs 347.64 crore, or 0.14 per cent of their total ...
Read moreSMBC Bank, Oaktree submit EoIs for IDBI’s strategic stake sale
Sumitomo Mitsui Banking Corporation Group (SMBC Bank) of Japan and Oaktree Capital Management are among those that have submitted expressions ...
Read moreGovernment likely to get financial bids for IDBI Bank sale by September, DIPAM Secy says
Financial bids for IDBI Bank's strategic sale is expected to be received by the government in September, said DIPAM Secretary ...
Read moreIDBI Bank divestment process to complete in FY24: DIPAM Secy
The divestment process of IDBI Bank will complete in the fiscal year 2023-24, Department of Investment and Public Asset Management ...
Read moreLIC may look at composite licence after passage of Insurance Laws (Amendment) Bill
The country's largest insurer LIC may take a call on composite licence clause after the passage of Insurance Laws (Amendment) ...
Read morePotential bidders seek tax benefits on IDBI’s losses
Potential IDBI Bank bidders have asked the government for tax benefits from the accumulated ₹45,000 crore losses to accrue to ...
Read moreGovt extends deadline for IDBI Bank sale bid submission till January 7
The government has extended the deadline for IDBI Bank privatisation till January 7. The government had invited bids for its ...
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