LIC Jan Suraksha Plan 880 and Bima Lakshmi insurance plan launch offers affordable life cover and financial security for low-income groups and women. Learn features, benefits, and exam relevance. LIC Launches Jan Suraksha (Plan 880) and Bima Lakshmi (Plan 881): Affordable Insurance Solutions for All In October 2025, the Life Insurance Corporation of India (LIC)…
Bima Sakhi Scheme by LIC empowers over 2 lakh women as insurance agents with stipend and career opportunities. Know eligibility, budget, and benefits. Empowering Rural Women: LIC’s Bima Sakhi Scheme Enrolls Over 2 Lakh Women The Government of India, through the Life Insurance Corporation (LIC), has successfully enrolled 2,05,896 women under its Bima Sakhi –…
Bima Sakhi Yojana 2025: LIC and the Rural Development Ministry sign MoU to empower SHG women as rural LIC agents under a stipend-based model to enhance financial inclusion in India. LIC, Rural Development Ministry Join Forces to Launch Bima Sakhi Yojana in Rural India Introduction: Empowering Rural Women Through Insurance Access The Government of India…
Government Receives Rs 3,662 Crore Dividend from LIC The Government of India has recently received a substantial dividend of Rs 3,662 crore from the Life Insurance Corporation (LIC) of India. This significant financial influx is part of the annual profit distribution to its stakeholders, marking a notable event in the financial sector of the country….
RBI Greenlights LIC’s Acquisition of 9.99% Stake in HDFC Bank In the dynamic landscape of financial institutions, a significant development has unfolded as the Reserve Bank of India (RBI) gave its nod to Life Insurance Corporation of India (LIC) to acquire a 9.99% stake in HDFC Bank. This move bears substantial implications for students aspiring…
LIC Introduces Jeevan Dhara II – Deferred Annuity Plan for Aspiring Government Job Candidates In the ever-evolving landscape of financial planning, the Life Insurance Corporation of India (LIC) has recently introduced a new offering named “Jeevan Dhara II – Deferred Annuity Plan.” This development holds significant implications for candidates preparing for various government exams, including…
LIC Overtakes SBI to Become the Most Valuable PSU The landscape of Public Sector Undertakings (PSUs) in India has witnessed a significant shift, with Life Insurance Corporation of India (LIC) surpassing the State Bank of India (SBI) to claim the title of the most valuable PSU. This development has far-reaching implications, especially for aspirants preparing…
LIC Granted Extension Till 2032 to Achieve 25% Public Shareholding The Insurance Regulatory and Development Authority of India (IRDAI) has recently granted an extension to Life Insurance Corporation of India (LIC) to reach the mandated 25% public shareholding target. This move extends the timeline for LIC’s compliance with the regulatory requirement from the earlier deadline…
LIC Ranks Fourth Globally in S&P Global’s 2022 Insurance Report LIC (Life Insurance Corporation) of India has made a remarkable achievement by securing the fourth position globally in S&P Global’s 2022 Insurance Report. This significant recognition highlights the prowess and stability of LIC in the international insurance landscape. The report, issued by S&P Global, a…
LIC Delivers Dividend Cheque of ₹18,31 Crore to Finance Minister Life Insurance Corporation of India (LIC), the largest insurance company in the country, recently presented a dividend cheque of ₹18,31 crore to the Finance Minister. This event holds substantial significance for aspirants preparing for government exams, particularly those eyeing positions in the finance sector. Let’s…
