[ad_1] The consensus on the investment proposed by Life Insurance Corporation of India in the bank IDBI Bank besieged is that it is a bad, very bad idea. Stock market experts, banking …
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[ad_1] A dangerous story conveyed by the Center is that LIC has so much money – it receives each year about Rs. 2 trillion of clients' money – that it is a …
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[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 …
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[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 …
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[ad_1] The offer of the Life Insurance Corporation of India (LIC) to acquire a controlling interest in IDBI Bank is expected to be approved by the Insurance Regulatory and Development Authority of …
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