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India govt open to selling stake in GIC Re, LIC in FY24/25, says source

The Indian government is likely to sell a minority stake in General Insurance Corporation of India and Life Insurance Corporation of India in financial year 2024/25 after assessing investor appetite.

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LIC share price: Govt open to selling stake in GIC Re, LIC in FY24/25: Source

In FY 2024/25, India may sell a 10% stake in GIC for about Rs 57 billion. LIC plans to offload 10% over 7 years and 25% over 10 years post its successful IPO.

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NIA to be a global institution of excellence in learning and research in Insurance, Pension and allied areas – Rashtra News : Education News

NIA to be a global institution of excellence in learning and research in Insurance, Pension and allied areas - Rashtra News : Rashtra News #NIA #global #institution #excellence #learning #research #Insurance #Pension #allied #areas #Times #India The National Insurance Academy was initially established in Mumbai in 1980 by the public sector insurance companies - the

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FY24 Stock Market Recap: BSE PSU index gains 92%, 37 stocks surge over 100%

Indian state-owned companies' stocks surged in FY24, outperforming mid- and small-cap stocks. BSE PSU index nearly doubled, boosted by govt's capex spending hike and anticipated BJP victory. Railway, power, defence, and oil sectors also showed impressive gains.

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Insurance regulator IRDAI retains LIC, GIC Re, New India Assurance as D-Slls

Insurance regulator IRDAI retains LIC, GIC Re, New India Assurance as D-Slls
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Which domestic insurance companies have been identified as systemically important for financial stability of the economy in FY2023-24?

D-Slls are perceived as insurers that are 'too big or too important to fail'. This perception and perceived expectation of government support may amplify risk-taking, reduce market discipline and increase the possibility of distress in the future. These considerations require that D-Slls be subjected to additional regulatory measures to deal with systemic risks.

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LIC, GIC Re, New India continue to be D-SIIs for 2023-24: IRDAI

LIC, GIC Re, New India continue to be D-SIIs for 2023-24: IRDAI
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GIC sanctions funds for health sector

GIC sanctions funds for health sector
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GIC Re Admit Card 2024 OUT at gicre.in, Download Assistant Manager Call Letter Here

GIC Re Admit Card 2024 has been released by the General Insurance Corporation of India at gicre.in. Download Assistant Manager Call Letter Here

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A developed country must have a robust healthcare system

A developed country must have a robust healthcare system
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