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News

PSU Connect
psuconnect.in > insurance > hdfc-life-allots-1-14-lakh-equity-shares-under-employee-stock-option-schemes

HDFC Life Allots 1.14 Lakh Equity Shares Under Employee Stock Option Schemes

1+ day, 13+ hour ago   (86+ words) Mumbai, August 26, 2026: HDFC Life Insurance Company Limited has allotted 1,14,000 equity shares to eligible employees following the exercise of stock options under its various Employee Stock Option Schemes (ESOPs). The allotment was approved by the company’s Stakeholders’ Relationship Committee on August…...

PSU Connect
psuconnect.in > bank-news > sbi-life-joins-hands-with-j-k-bank-insurance-services-to-reach-1-000-branches

SBI Life Joins Hands with J&K Bank, Insurance Services to Reach 1,000+ Branches

2+ week, 6+ day ago   (203+ words) Mumbai: Buying life insurance could soon become easier for millions of bank customers. SBI Life Insurance has announced a strategic corporate agency partnership with J&K Bank, allowing customers to access a wide range of life insurance products through more…...

PSU Connect
psuconnect.in > bank-news > canara-bank-hands-over-46-lakh-insurance-claim-to-family-of-late-lic-employee

Canara Bank Hands Over ₹46 Lakh Insurance Claim to Family of Late LIC Employee

3+ week, 1+ day ago   (196+ words) Mumbai: Unexpected loss brings immediate emotional and financial strain to families. Demonstrating the practical value of bundled banking protections, Canara Bank recently facilitated an insurance claim payout totaling ₹46 lakh to the nominee of a deceased account holder. Late Smt. N....

PSU Connect
psuconnect.in > insurance > icici-prudential-life-approves-name-change-proposal

ICICI Prudential Life Approves Name Change Proposal

1+ mon, 3+ week ago   (222+ words) PSU Connect Mumbai: ICICI Prudential Life Insurance Company has announced a major corporate development after its Board approved a proposal to change the company's name to ICICI Life Insurance Limited The board has also cleared the process to seek approval…...

PSU Connect
psuconnect.in > insurance > mahindra-manulife-jv-gets-corporate-affairs-approval-launches-new-life-insurance-company

Mahindra-Manulife JV Gets Corporate Affairs Approval, Launches New Life Insurance Company

2+ mon, 4+ week ago   (340+ words) Mumbai: Mahindra & Mahindra Ltd. and Manulife have taken a significant step forward in their insurance partnership with the incorporation of Mahindra Manulife Insurance Limited (MMIL), a 50:50 life insurance joint venture aimed at serving India's rapidly expanding insurance market. The incorporation follows…...

PSU Connect
psuconnect.in > psu-news > lic-launches-new-insurance-plan-jeevan-utsav-effective-january-12-2026

LIC Launches New Insurance Plan ‘Jeevan Utsav’ Effective January 12, 2026

7+ mon, 3+ week ago   (178+ words) New Delhi: Life Insurance Corporation of India (LIC) has announced the launch of a new insurance product named “LIC’s Jeevan Utsav”, which will be available for purchase starting January 12, 2026, according to a regulatory filing made with the stock exchanges. The newly…...