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| Jul 8, 2026 | New GIC Re chief banks on AI, resilience for next growth phase | |
| Jun 15, 2026 | Government to sell up to 5% stake in General Insurance Corporation | |
| Mar 10, 2026 | PSBs mopped up over ₹28,000 cr in 5 years through selling third party financial products | |
| Feb 23, 2026 | Tathastu ICS Launches India's First-of-its-Kind BBA BankReg Programme | Greater Noida, Uttar Pradesh, India
Tathastu ICS, under the leadership of Dr. Tanu Jain, proudly announces the launch of its pioneering BBA BankReg Programme on 23rd February 2026. This unique academic initiative is designed to prepare stud... |
| Dec 17, 2025 | Govt weighs ₹5,000 crore capital infusion for three PSU insurers as losses return | |
| Aug 8, 2025 | GIC Re Q1 profit jumps 69% to ₹1,752 cr | |
| Mar 19, 2025 | LIC's Bold Move into Health Insurance: A Game Changer for India | The Life Insurance Corporation of India (LIC) is on the brink of a significant transformation. The giant of life insurance is stepping into the health insurance arena, aiming to acquire a substantial stake in a standalone health insurer. Th... |
| Mar 13, 2025 | IRDAI issues registration to Valueattics Reinsurance, first exclusive reinsurer | The Insurance Regulatory and Development Authority of India (IRDA) has granted Certificate of Registration to Valueattics Reinsurance Ltd, the first reinsurer to be granted registration to carry out exclusively reinsurance business in the r... |
| Mar 1, 2025 | The Shift in India's Banking Landscape: A Tale of Divestment and Interest Rates | India's banking sector is undergoing a seismic shift. The government is ready to loosen its grip on public sector banks. Meanwhile, a major player, the Bank of Maharashtra, is slashing interest rates on retail loans. These two developments ... |
| Feb 24, 2025 | Govt seeks merchant bankers, legal firms to cut stake in public sector banks, financial institutions | New Delhi, Feb 24 (PTI) The Department of Investment and Public Asset Management (DIPAM) on Monday invited bids from merchant bankers and legal firms to assist the government divest its stake in public sector banks and listed financial inst... |
| Feb 1, 2025 | Govt may receive another bumper surplus from RBI for FY25 | Sale of dollars during the September 2024–January 2025 period and earnings from overseas investment could help the Reserve Bank of India (RBI) declare a surplus to the government for FY25, which either matches the bumper ₹2,10,874 crore it ... |
| Jan 16, 2025 | The Tug of War Over IDBI Bank: A Battle for the Future | The proposed disinvestment of IDBI Bank has ignited a fierce debate in India. The United Forum of IDBI Officers and Employees is rallying against the government's plan to sell a significant stake in the bank. This move has drawn the attenti... |
| Jan 11, 2025 | LIC outpaces industry and private insurers in 2024 new business premium growth | Life Insurance Corporation of India (LIC), the nation’s largest life insurer, reaffirmed its leadership in 2024 by outpacing both the industry average and private insurers in new business premium (NBP) growth.
Data from the Life Insurance C... |
| Aug 20, 2024 | GIC Re: Navigating Stake Sales and Growth Strategies in a Competitive Landscape | In the world of finance, stakes are high, and decisions can shift the balance. GIC Re, India’s largest re-insurer, stands at a crossroads. The government’s looming offer-for-sale (OFS) could reshape its future. With an 85.78% stake currentl... |
| Aug 18, 2024 | Govt may take offer-for-sale route to reduce stake in GIC Re | GIC Re, India’s largest re-insurer, has prepped itself for a possible offer-for-sale (OFS) by the Government, with the likelihood of a credit rating upgrade by AM Best seen acting as a tailwind.
Currently, the Government has 85.78 per cent ... |
| Jul 30, 2024 | Nitin Gadkari urges FM to withdraw GST on life and medical insurance premiums | Nitin Gadkari, Minister for Road Transport and Highways, has written to Finance Minister Nirmala Sitaraman to withdraw GST on life and medical insurance premiums.
In a letter to the FM, Gadkari said, the Nagpur Divisional Life Insurance Cor... |
| Jul 16, 2024 | India’s GIC Re Chooses SAP Fioneer to Drive IFRS 17 Transition | |
| Jul 9, 2024 | ACC approves appointment of 8 EDs in Public Sector General Insurance Cos | Appointments Committee of the Cabinet (ACC) has approved the appointment of eight Executive Directors in Public Sector General Insurance Companies (PGICs).
Rashmi Bajpai, currently General Manager (GM) in Oriental Insurance Company Ltd (OIC... |
| Jun 5, 2024 | Government launches Parametric & Hydro Insurance for disaster shield
KEC International Wins Contracts Worth ?115 Million
Tamil Nadu Trials CNG Bus Conversion
Chingrighata Metro Pier 319 Nears Completion | ECONOMY & POLICY Government launches Parametric & Hydro Insurance for disaster shield
05 Jun 2024 3 Min Read CW Team
GIC chairman Ramaswamy Narayanan announced that the government is actively developing parametric and hydroelectric ... |
| Apr 19, 2024 | Govt open to selling stake in GIC Re, LIC in FY24/25, says report | |
| Apr 12, 2024 | Govt unlikely to privatise GIC Re at this stage: CMD Ramaswamy Narayanan | |
| Jun 10, 2022 | Cred raises $80 million funding led by GIC at $6.4 billion valuation | AgenciesCred founder Kunal Shah
Bengaluru: Fintech startup Cred has raised Rs 617 crore (about $80 million) in the first tranche of its latest funding round, according to filings with the Ministry of Corporate Affairs.
The company told ET t... |
| Jun 9, 2022 | Cred raises $80 mn in funding led by GIC at $6.4-bn valuation: Report | Fintech startup Cred has raised $80 million as part of its Series F funding round led by Singapore’s sovereign wealth fund GIC and other existing investors, news reports said on Thursday.
The existing investors Tiger Global, Sofina Ventures... |
| Jun 9, 2022 | Fintech unicorn Cred raises $80 million from GIC, others at $6.2 billion valuation | CRED founder CEO Kunal Shah
Credit card payment platform Cred has raised $80 million as a part of its Series F funding round led by Singapore’s sovereign wealth fund GIC, along with participation from existing investors, the company’s filin... |
| Apr 7, 2022 | GIC to lead fresh $200 mn round in Cred at over $6.5 bn valuation | Singapore sovereign wealth fund GIC is leading a fresh funding round in Kunal Shah-founded Dreamplug Technologies Pvt Ltd, which... TO READ THE FULL STORY
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| Apr 6, 2022 | GIC leads fresh round in Cred at a valuation of $6.5 billion | GIC leads fresh round in Cred at a valuation of $6.5 billion
Premium GIC has been an aggressive investor in India and owns stakes in fintech businesses including Razorpay and Paytm. (Photo: Bloomberg) 2 min read . Updated: 06 Apr 2022, 11:5... |
| May 27, 2021 | GIC in talks to lead Locus' $60 million Series C at $300 million valuation | ETtechIllustration: Rahul Awasthi
Business-to-business (B2B) logistics optimisation startup Locus is in talks with Singapore's sovereign wealth fund GIC to lead a $60 million Series C funding round, three people with direct knowledge of the... |
| Mar 4, 2021 | Razorpay announces $10 mn ESOP buy back funded by Sequoia, GIC | Payal Ganguly 4 Mar, 2021
Bengaluru-headquartered fintech unicorn Razorpay on Thursday announced its third round of Employee Stock Ownership Plan (ESOP) buy back programme worth $10 million for 750 former and current employees.
Returning in... |
| Feb 13, 2017 | Temasek, GIC have 20 unicorns; Sequoia, Tiger, SV Angel lead with 23 unicorns each | Premium
Singapore sovereign wealth fund GIC and Temasek Holdings are among the leading snvestors in unicorns (startups valued at over $1 billion), according to data compiled by venture capital database CB Insights.
Continue reading this sto... |
| Jul 4, 2014 | GIC closes A$135m exit in Melbourne | Following a particularly acquisitive period, GIC has also taken advantage of the outbound appetite of Chinese developers to make a divestment. |
| GIC Leads CRED’s $140 Mn Series F Funding Round, Valuation Surges To $6.4 Bn | The round also saw participation from existing investors such as Sofina, Tiger Global, FalconEdge, and Dragoneer
The startup has raised more than $466 Mn in multiple rounds of funding since April 2021
India’s addressable fintech market oppo... |