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Life Insurance Corporation

LIC IPO is a scandal, SEBI, IRDAI and the Supreme Court must intervene!

The Life Insurance Corporation of India’s (LIC) Initial Public Offer (IPO) has been opaque and only after the issue of the Red Herring Prospectus(RHP) some details have emerged.

Read more May 5, 2022 at 11:11 am Thomas Franco

Who stands to gain if LIC bleeds?

In her last budget speech in 2021, the Finance Minister declared the government's disinvestment plans for the Life Insurance Corporation of India (LIC). Already, amendments to the LIC Act have been made to set...

Read more January 27, 2022 at 6:13 pm Anirban Bhattacharya

Selling the Golden Goose for a Pittance – Does our FM know what LIC is?

In spite of strong opposition from all sections of the society, the Finance Minister has recently asked her Ministries to speed up LIC Initial Public Offer (IPO).

Read more January 15, 2022 at 2:34 pm Thomas Franco

LIC IPO – Killing The Golden Goose

Life insurance forms a vibrant part of the financial sector and plays a vital role in the national economy. It mobilizes small savings of the people, converts it into Capital, and makes this Capital...

Read more April 26, 2021 at 2:22 pm CFA

Stand in Solidarity with the Bank Union Strike

Bank unions All India Bank Employee’s Association and Bank Employees Federation of India (BEFI) have called for a two-day nationwide strike today and tomorrow (January 8 and 9, 2019), in support of the general strike...

Read more January 8, 2019 at 6:38 pm CFA

LIC Rakes in Money Because of over 25 Crore Policyholders

Last week, according to the media reports, the board of the Insurance Regulatory and Development Authority of India (IRDAI) approved public-owned Life Insurance Corporation’s (LIC) proposal to increase its stake in the troubled public...

Read more July 10, 2018 at 11:15 am Ankit Agrawal

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Centre for Financial Accountability

Address: Address - R–21, Basement, South Extension-2, Delhi – 110049

Phone: +91-11-49123696
E-mail: info@cenfa.org
Website: http://www.cenfa.org/

About Us

  • OUR MISSION

    Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns.

    CFA is a project of BIC Trust and CACIM

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