I am Gautam Mehta, a passionate and accomplished marketing professional with a Master’s degree in Finance and Insurance from Chitkara University, Chandigarh—one of India’s premier institutions. With over 38 years of extensive experience in life insurance marketing, I am proud to be associated with the world’s largest life insurance company, Life Insurance Corporation of India (LIC).
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State-owned insurer LIC's board has approved a 1:1 bonus share issue, granting one additional share for every share held on the record date. This move will be funded by capitalizing Rs 6,325 crore from reserves by December 2025 and is expected to be completed within two months of the board's approval.
Read MoreIndian economy on strong footing but duration of West Asia conflict, resultant damage to the energy infrastructure add risk to inflation, growth outlooks, says RBI Governor Malhotra.
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