Insurance Psus
LIC board approves IPO issue size to be cut to 3.5% from 5%
The government will sell 3.5% equity for Rs 21,000 crore valuing India's largest insurer at Rs 6 trillion.
 "LIC board approves IPO issue size to be cut to 3.5% from 5%")
Updated On : 23 Apr 2022 | 8:40 PM IST
Finmin asks PSU general insurers to cut flab, prune branch numbers: Sources
The finance ministry asked public sector general insurance firms, especially National Insurance, Oriental Insurance and United India Insurance, to rationalise branches and cut down avoidable expenses
 "Finmin asks PSU general insurers to cut flab, prune branch numbers: Sources")
Updated On : 29 Nov 2020 | 2:15 PM IST
Finance Ministry might finalise listing plan for PSU insurers in 2 months
Once finalised in two months, the ministry will seek the Cabinet nod for stake dilution
 "Finance Ministry might finalise listing plan for PSU insurers in 2 months")
Updated On : 09 Oct 2016 | 12:25 PM IST
