LIC Chairman Siddhartha Mohanty Re-designated as Managing Director & CEO Introduction The Life Insurance Corporation of India (LIC) has recently announced a significant organizational change. Siddhartha Mohanty, who was serving as the Chairman, has now been re-designated as the Managing Director and Chief Executive Officer (CEO). This strategic move aims to streamline LIC’s leadership structure…
LIC Approves Acquisition of 10% Stake in NHB-promoted Company The Life Insurance Corporation of India (LIC) has recently granted approval for the acquisition of a 10% stake in a National Housing Bank (NHB)-promoted company. This move holds significant implications for aspirants preparing for government exams, especially those targeting positions in the financial sector. Why this…
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