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  2. IDBI Bank - Wikipedia

    The IDBI Bank Limited (IDBI Bank or IDBI) is a subsidiary of Life Insurance Corporation (LIC) providing financial and banking services. It was established in 1964 as Industrial Development Bank of India, a development finance institution, which provided financial services to industrial sector. In 2005, the institution was merged with its ...

  3. IDBI Federal Life Insurance - Wikipedia

    1,941 employees on-roll; over 10,000 agents: Website: Official Website: IDBI Federal Life Insurance Co Ltd. joint-venture of Federal Bank, one of India’s oldest leading [peacock prose] private sector banks in India and Ageas, a multinational insurance giant based out of Europe.

  4. Life Insurance Corporation - Wikipedia

    Liberalisation post 2000s. In August 2000, the Indian Government embarked on a program to liberalise the insurance sector and opened it up to the private sector. LIC benefited from this process and in 2013 reported the first year premium compound annual growth rate (CAGR) was 24.53% while total life premium CAGR was 19.28% matching the growth of the life insurance industry and outperforming ...

  5. LIC Housing Finance - Wikipedia

    LIC of India also holds promoter and controller status in IDBI Bank Ltd. from January 2019; History. The company was incorporated on June 19, 1989, under the ...

  6. Banking Regulation Act, 1949 - Wikipedia,_1949

    The Banking Regulation Act, 1949 is a legislation in India that regulates all banking firms in India. Passed as the Banking Companies Act 1949, it came into force from 16 March 1949 and changed to Banking Regulation Act 1949 from 1 March 1966.

  7. National Payments Corporation of India - Wikipedia

    The Bharat Bill Payment System is a Reserve Bank of India (RBI) conceptualised system driven by the NPCI. It is a one-stop ecosystem for payment of all bills, providing an interoperable and accessible "Anytime Anywhere" bill payment service to all customers across India with certainty, reliability and safety.

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