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Pradhan Mantri Jeevan Jyoti Bima Yojana

State-Run Banks To Hold Credit Outreach Drive Across All Districts On Wednesday

The Finance Ministry said all districts of the country are prepared to entertain customers and the public at large with their queries on the credit facility and enrolment in various government schemes

07 June 2022

LIC issued approximately 21 million individual policies in FY 2021.

PMJJBY Policyholders Eligible For LIC IPO At Discount

Launched in 2015, PMJJBY offers a renewable one-year life cover of Rs 2 lakh to all savings bank account holders in the age group of 18-50 years.


IRDAI Reduces Capital Requirement Norm By 50% For Insurers Offering Policies Under PMJJBY

The Insurance Regulatory and Development Authority of India has reduced the capital requirement under the Pradhan Mantri Jeevan Jyoti Bima Yojana by 50 per cent to encourage participation by more insurers in the...

03 June 2022

 LIC IPO is entirely OFS through which government would dilute 5% of its stake.

Lot Of Buzz, Interest In Market For LIC IPO, Says Nirmala Sitharaman

On February 13, the state-owned insurer filed draft papers with capital markets regulator Sebi for the sale of a 5 per cent stake by the government for an estimated Rs 63,000 crore.

23 February 2022

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