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Govt eyes 2-3% LIC stake sale to meet shareholding norm

New Delhi, March 12 -- The central government may divest 2-3% of its stake in Life Insurance Corporation (LIC) in 2025-26, depending on market conditions, as part of its efforts to meet the mandated 1... Read More


NaBFID in talks with World Bank to fund infra projects

New Delhi, March 10 -- The National Bank for Financing Infrastructure and Development (NaBFID) is in advanced talks with the World Bank to help reduce the cost of financing infrastructure projects, a ... Read More


Govt weighs 50-yr bonds to deepen insurance market

New Delhi, Feb. 27 -- The Indian government may consider issuing 50-year on-tap bonds in the next fiscal (FY26), in a bid to encourage insurance companies to subscribe and better manage their business... Read More


Govt weighs 50-yr bonds to deepen insurance mkt

New Delhi, Feb. 27 -- The Indian government may consider issuing 50-year on-tap bonds in the next fiscal (FY26), in a bid to encourage insurance companies to subscribe and better manage their business... Read More


Govt to start credit rating for rural borrowers soon

New Delhi, Feb. 20 -- The Union government plans to launch a Grameen Credit Score system within six months, mirroring the MSME credit framework, to boost formal lending to farmers, self-employed indiv... Read More


Uco Bank, 2 more likely to tap QIPs next fiscal yr

new delhi, Feb. 12 -- Three state-owned banks may sell shares to financial institutions in the coming fiscal year to raise capital and increase public shareholding to the minimum levels set by the sto... Read More


Uco Bank, 2 more likely to tap QIPs this yr

new delhi, Feb. 12 -- Three state-owned banks may sell shares to financial institutions in the coming fiscal year to raise capital and increase public shareholding to the minimum levels set by the sto... Read More