LIC going to infuse Rs 57 crore into Allahabad Bank
Allahabad Bank is going to raise Rs 57.5 crore through issuing shares on a preferential basis to LIC. At the bank’s extraordinary general meeting which...
Tag : LIC
Dena Bank, Andhra Bank has sold additional stake to LIC
Dena Bank has raised Rs 65 crore through issuing over 2 crore shares to LIC on preferential basis. Andhra Bank has also, without disclosing the...
LIC has raised stake in OIL by 2%
The Life Insurance Corp of India (LIC) has raised stake by 2 percent in Oil India Ltd through open market acquisition. According stock market data,...
Vijaya Bank is planning to raise Rs 226 crore from LIC
On Thursday, Vijaya Bank said that it is aiming to raise Rs 226 crore from allotment of equity shares to the Life Insurance Corporation of...
LIC increases stake in Bharat Forge to 7%
Life Insurance Corporation (LIC) has increased its stake in Bharat Forge Ltd by 2.02 percent by buying 47.12 lakh shares in the open market. Bharat...
Dena Bank aims to raise Rs 65 crore through selling stake to LIC
Dena Bank has said that it will be selling over two crore shares to LIC on a preferential basis for raising amount of Rs 65...
Andhra Bank aims to raise Rs 136 crore from LIC through preferential issue
Andhra Bank will be issuing over 2.88 crore equity shares to LIC for a total consideration of Rs 136.5 crore. Andhra Bank has said in...
LIC has increased its stake in NTPC to 12.98%
The Life Insurance Corporation (LIC) has hiked its stake in NTPC, the largest power producer of India, by 3.90 percent after buying 32.15 crore shares...
IDBI Bank aims to raise Rs 1,500 crore by selling 28 crore shares to LIC
The IDBI Bank is planning to offer around 28 crore shares at Rs 53.44 apiece to LIC on preferential basis for raising Rs 1,500 crore....
Bank of India has allotted Rs 264 crore worth shares to LIC
Bank of India has allotted 2 crore shares valued at Rs 264.12 crore to LIC. It said in a regulatory filing that “The bank has allotted...