February 2022 - OPTO Banking

What do you have in LIC IPO?

February 28, 2022

State-possessed protection gathering and venture organization, Life Insurance Corporation of India (LIC), last week, recorded a draft distraction outline (DRHP) with the Securities and Exchange Board of India (Sebi) to raise reserves by means of a first sale of stock (IPO). The IPO comprises of a proposal available to be purchased of up to 316.25 million offers by the Government of India. The LIC IPO Online is probably going to be the greatest IPO in India till date. LIC IPO: When will it happen? The first sale of stock of over 31.6 crore offers or five percent of the public authority's stake is probably going to hit the D-road in March and workers and strategy holders of the protection behemoth would get a markdown over the floor cost. According to the plan, representatives and poli

Finance

Benefits of Personal Line of Credit over Personal Loan

Paul Garcia

February 26, 2022

Sally works in a software company as a mobile app tester earning a steady income. When her daughter secured admission to a top B-School in the United States of America, Sally had the savings to cover her daughter's admission and education fee. She needs additional funds to cover the hostel fee, books and gadgets her daughter needs. Sally consults her friend, a financial advisor who recommends going for a personal loan that Sally can repay in equated monthly instalments. Sally checks the details using a personal loan EMI calculator to understand the implications. Jim runs a marketing advisory firm clients often need websites and mobile apps. Jim uses the services of freelancers and experts to create these resources. Jim has to pay these experts in advance to negotiate a good deal. As the...

Finance

How to Find Out the LIC IPO Date?

Hipolito

February 22, 2022

About LIC The Life Insurance Corporation of India (LIC) is, India's largest life insurer, has been in operation for more than 65 years. Around 245 private life insurance businesses were merged and nationalized to become LIC in 1956. For Fiscal 2021, it holds a 64.1 percent market share in terms of premiums (or GWP), 66.2 percent market share in terms of New Business Premium (or NBP), 74.6 percent market share in terms of individual policies issued, and 81.1 percent market share in terms of group policies issued. It is also India's largest asset manager. It was the country's only life insurance business until 2000. LIC's product line is diverse and covers a wide range of categories in both individual and group products. Savings insurance products, term insurance products, health insuran