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LIC IPO DAY 5: Overall oversubscription 2.95 times, policyholders 6.15 times, staff 4.99 times, QIB's 2.83 times

LIC IPO DAY 5: Overall oversubscription 2.95 times, policyholders 6.15 times, staff 4.99 times, QIB's 2.83 times

May 10, 2022, at 12:57 am

Mumbai/IBNS: The initial public offering (IPO) of Life Insurance Corporation, an Indian Statutory insurance and investment corporation, on Day 5 received a healthy response with the offer being oversubscribed 2.95 times, receiving a high rate of participation from tier 2 and tier 3 cities, according to Moneycontrol India.

PNB MetLife announces Rs. 532 crores bonus for its 4.6 lakhs participating policyholders

PNB MetLife announces Rs. 532 crores bonus for its 4.6 lakhs participating policyholders

Jul 15, 2021, at 11:05 pm

New Delhi/IBNS: PNB MetLife India Insurance Company Limited (PNB MetLife) has announced a bonus of Rs. 532 crores for all eligible policyholders of participating products.