Get latest articles and stories on Business at LatestLY. New Delhi [India], July 28: Max Life Insurance Company Ltd. (“Max Life” / “Company”) has been appointed as the “Lead Insurer” for the State of Uttar Pradesh by the Insurance Regulatory and Development Authority of India (IRDAI). Under the State Insurance Plan, IRDAI has initiated a collaborative platform with insurers by assigning two states to each insurer to enhance financial awareness and drive insurance inclusion. Business News | Max Life Appointed as Lead Insurer for Uttar Pradesh Under IRDAI's State Insurance Plan.
Life Insurance Corporation of India (“LIC” or the “Corporation”) has fixed the price band at ₹ 902 to ₹ 949 per Equity Share for its maiden public offer. The initial public offering (“IPO”) of the Corporation will open on Wednesday, 4 May 2022 for subscription and close on Monday, 9 May, 2022. Investors can bid for a minimum of 15 Equity Shares and in multiples of 15 Equity