The mandatory annuity requirement for non-government subscribers has been reduced from 40% to 20%.

LIC is launching two new offerings for the domestic market, LIC namely LIC Jan Suraksha and LIC Bima Lakshmi, which will cater to different individual needs.

RBI MPC meeting: Repo rate cut is expected to lower EMIs for home loan borrowers, providing significant relief, while also likely reducing fixed deposit returns for investors