
Centre enhances LIC agents, employees’ gratuity limit to ₹5 lakh; ups term insurance cover, family pension rate
More than 13 lakhs agents and over 1 lakh regular employees will benefit from welfare measures announced today, says FinMin
More than 13 lakhs agents and over 1 lakh regular employees will benefit from welfare measures announced today, says FinMin
LIC's current market cap stands at ₹3.9 lakh crore, a huge fall from ₹6 lakh crore on its listing day, eroding investors’ wealth by around ₹2.1 lakh crore.
The dismal market debut shows the country’s largest life insurer is yet to prove its mettle before investors.