New Delhi, Jan 27 (IANS) Bank employees across the country went on strike on Tuesday to protest for their demands, including the immediate implementation of a five-day work week in the sector, leading to widespread disruption of banking services, including cash deposits, withdrawals, cheque clearances and other routine transactions. The nationwide strike was called by the United Forum of Bank Unions (UFBU).In Gujarat’s Vadodara, employees of nationalised banks joined the strike in large numbers….
Latest LIC News & Updates
New Delhi, Jan 19 (IANS) India’s economy will expand 7.3 per cent in the current fiscal year and stronger growth will boost household incomes and support rising demand for insurance, a report said on Monday.The report from global Credit rating agency Moody’s Ratings said India’s insurance sector is set to see a shift from current weak profitability due to sustained premium growth on the back of robust economic expansion, increased digitisation, tax changes.”We expect India’s economy to grow …
Mumbai, Jan 17 (IANS) The Secretary of the Department of Financial Services (DFS), M. Nagaraju, on Saturday said that LIC has transformed into a tech-enabled and capital-efficient financial powerhouse, remaining one of the most trusted brands in Indian households. Speaking at LIC’s Strategy Meet here, the Secretary highlighted the company’s historic transformation from a traditional brick-and-mortar insurer into a digitally driven, value-focused organisation.“LIC has transformed into a tec…
Ahmedabad, Jan 8 (IANS) The Enforcement Directorate (ED) has provisionally attached a resort and other properties valued at around Rs 4.92 crore of a former field supervisor of the Gujarat Land Development Corporation in Gujarat’s Anand district, in connection with allegations of possessing illegal assets, an official said on Thursday. The ED’s Ahmedabad Zonal Office said that it has provisionally attached properties to the tune of Rs 4.92 crore of Dhirubhai Bababhai Sharma under the provisions …
New Delhi, Dec 26 (IANS) The Life Insurance Corporation of India (LIC) on Friday announced collaboration with Sahaj Insurance Services Private Limited to strengthen insurance penetration across rural and semi urban areas of the country.Under the collaboration, Kanoria Foundation company Sahaj’s assisted digital service network will facilitate access to LIC’s life insurance products and services. This will help consumers to understand, manage and enroll in policies, particularly in areas wher…