on March 30, Dena Bank adds 3% on issuing preferential shares to LIC
Results 1 to 10 of 10
LIC Invests Rs 2,317 Crore In Four PSU Banking Institutions
The publicly owned Life Insurance Corporation (LIC) has invested around Rs 2,137 crore in four public sector banking institutions via the preference share path.
Life insurance monolith LIC has made an investment of Rs 1,037 crore in Bank of India (BOI), Rs 650 crore in Union Bank of India (UBI), Rs 302 crore in Indian Overseas Bank(IOB)and Rs 148 crore in the United Bank of India.
All these public sector banking institutions have issued preferential scrips to the Life Insurance Corporation.
The infusion of capital is likely to assist the PSU lenders to raising their lending activity and meet the capital adequacy regulations.
The Indian Overseas Bank has also given nod to capital mix of Rs 1,440 crore by the administration.
The capital mix in Indian Overseas Bank is part of the drive of the administration to recapitalize the public sector banking institutions.
on March 30, Dena Bank adds 3% on issuing preferential shares to LIC
LIC props up Damodar Valley Corporation's bond issue
LIC to invest around Rs60,000 cr in equities
LIC Housing plans to raise R25,000 cr
LIC buys over 2 crore shares of Pipavav for Rs 171 crore
http://www.the-qrops-specialist.com
Specialists in QROPS pension transfers, UK Pension Release, release the cash from your pension early, available at any age, QNUPS pensions and Investments.Also QROPS for USA residents.Qualified financial advisers are here to help.
LIC hikes interest rates on loans against policies
LIC Housing has target of Rs 253-256: Hemant Thukral
LIC needs to show better performance. They need to bet on the right stocks while the price is low.
