[ad_1] By: Express News Service | New Delhi | Published: 1 July 2018 2:36:20
Read More »LIC participation in the IDBI bank: Congress, Left slam govt to risk the savings of 38 crore LIC policyholders
IDBI Bank will get LIC money, but what will it need more to turn around?
[ad_1] Outstanding public sector lender IDBI Bank has received a new lease of life from the country's largest life insurer, Life Insurance Corporation of India (LIC). In an unprecedented move, Friday's Insurance …
Read More »LIC obtains IRDAI acquiesces for IDBI Bank buy: NPA lender gets a police cover and insurer, a risky gamble
[ad_1] The regulator of the insurance sector, the Indian Regulatory Authority and Insurance Development (Irdai), has given the go-ahead to the LIC-IDBI Bank agreement, which should allow the l 39; Public insurer …
Read More »idbi bank: LIC-IDBI Bank Agreement: Money will not be enough; add vision and strategy to the mix
[ad_1] MUMBAI / KOLKATA: Bank IDBI Bank, which earned $ 9 billion in equity from Life Insurance Corp in India, could be a lifesaver for the lender, but to regain its past …
Read More »LIC-IDBI Agreement: Behind LIC Plan to Bring the IDBI Out of a Banking Mess
[ad_1] India's insurance regulator on Friday gave an unprecedented green light to Life Insurance Corporation of India's proposal to buy back IDBI Bank and rescue it from a paralyzing crisis caused by …
Read More »Insurance regulator allows LIC to take a 51% stake in IDBI Bank: Report
[ad_1] New Delhi : The IRDAI Insurance Regulator (India's Insurance Regulatory and Development Authority) on Friday allowed Life Insurance Corporation (LIC) to take a 51% stake in the indebted Bank IDBI Bank, …
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