New Zonal Manager of LIC
J S Tolia has taken charge as the new zonal manager in charge, LIC of India, Eastern Zone. Mr Tolia Joined LIC in 1989 as direct recruit officer.
J S Tolia has taken charge as the new zonal manager in charge, LIC of India, Eastern Zone. Mr Tolia Joined LIC in 1989 as direct recruit officer.
This stellar performance by nation’s largest life insurer exceeds the insurance industry’s growth of 14.41 per cent and the private life insurers’ growth rate of 14.55 per cent, the data showed.
The combined market valuation of four of the top10 most valued firms eroded by Rs 96,605.66 crore last week.
Last week, six of the top 10 most valued firms together added Rs 86,847.88 crore in market valuation.
On the occasion, he also laid the foundation stone of the Main campus of Maharana Pratap Horticultural University, Karnal.
In the last week (May 20-24), nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation.
The LIC is grateful to all its policyholders and stakeholders who have reposed their faith in LIC for almost seven decades, the LIC said in a statement.
The overall high valuations of the market is creeping into PSU stocks too
Life Insurance Corporation of India Ltd can now own up to 9.99% stake in HDFC Bank as the Reserve Bank of India has approved the insurer’s application.
At 9.30 AM, the SBI stock declined 1.5 per cent to Rs 624, while LIC traded at Rs 896 on the BSE, up 0.2per cent.
