Life Insurance Corporation

Govt approves 20% FDI in LIC via automatic route

The Union Cabinet Saturday approved foreign direct investment (FDI) of up to 20% under the automatic route in Life Insurance Corporation (LIC) of India, according to people aware of the development, paving for a smoother road ahead of its initial public offer planned for next month. Prior to this, there was no limit was prescribed for foreign […]

LIC Launches Mobile App ‘PRAGATI’ for Development Officers

Life Insurance Corporation (LIC) launched a new mobile app ”PRAGATI” (Performance Review Application, Growth And Trend Indicator) for use by its Development Officers. PRAGATI stands for Performance Review Application, Growth And Trend Indicator. Pragati app will gives various information which are updated in near real-time about the performance of their agency force in critical areas of

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