Archive for the ‘LIC India’ Category

LIC may seek bank licence

Posted by admin on January 7th, 2012

State-owned Life Insurance Corporation of India (LIC) is likely to seek a licence to float a bank when the Reserve Bank of India (RBI) allows more players. T S VijayanSources close to the development said the country’s largest insurer had been keen to run a bank for a long time to manage the large premium [...]

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