Life Insurance Corporation of India
Recent events
Recent events tied to this brand in public sources.
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2022
LIC announces IPO plan
Life Insurance Corporation said it would launch its initial public offering on May 4, with the issue scheduled to close on May 9. The government planned to sell a 3.5% stake.
2022
LIC appoints Sunil Agrawal as CFO
Life Insurance Corporation appointed Sunil Agrawal as its chief financial officer; he took charge on Wednesday, March 2, 2022.
2021
LIC introduces PRAGATI app for Development Officers
Life Insurance Corporation of India announced the introduction of PRAGATI, a mobile app for the exclusive use of its Development Officers.
2021
LIC launches mobile app for agents
The Life Insurance Corporation of India launched a mobile app for its agents and intermediaries to onboard prospective customers through a paperless process.
2020
State Bank of India raises funds through bond sale
State Bank of India accepted bids for Rs 8,931 crore in a tier-II bond sale, raising nearly Rs 9,000 crore.
2020
SEBI fines SBI, LIC and Bank of Baroda
India's Securities and Exchange Board imposed penalties of Rs 10 lakh each on State Bank of India, Life Insurance Corporation of India and Bank of Baroda for violations of mutual fund regulations.
2020
LIC begins selling PMVVY pension scheme
Life Insurance Corporation of India began selling the Pradhan Mantri Vaya Vandana Yojana pension scheme for senior citizens aged 60 and above on Tuesday.
2020
LIC announces launch of modified PM Vaya Vandana Yojana
Life Insurance Corporation of India announced the launch of the modified PM Vaya Vandana Yojana scheme, which was scheduled to be available for sale from May 26.
2019
LIC launches policy revival campaign
Life Insurance Corporation of India launched a special campaign allowing eligible policyholders with lapsed policies bought after January 1, 2014 to revive them and restore insurance cover.