New Delhi, Jan 13 (IANS) The Centre said on Tuesday that the Department of Financial Services (DFS) with Public Sector Banks (PSBs) will unveil the Composite Salary Account Package for Central government employees on January 14.The initiative offers Central Government employees a unified account combining banking and insurance benefits, designed with banks to ensure broad coverage, consistency, and convenience for all cadres (Groups A, B, and C).“The Department of Financial Services with Publi…
Latest Life Insurance Corporation of India News & Updates
Mumbai, Dec 28 (IANS) Bajaj Finance was among the major losers last week as the combined market valuation of seven of India’s top-10 most valued companies fell by Rs 35,439.36 crore amid a muted trend in equities during a holiday-shortened week.The market capitalisation of Bajaj Finance declined by Rs 5,102.43 crore, taking its total valuation to Rs 6,22,124.01 crore, according to official data.The broader market, however, showed limited gains, with the BSE benchmark index rising marginally by…
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…