LIC commits Rs 600 crore towards its digital transformation journey

Quick Summary:

So, in total, Rs 600 crore is being spent on digital transformation.

This is part of the life insurer’s digital transformation programme – Digital Innovation and Value Enhancement (DIVE).

State Bank of India raises Rs 7,500 cr at 7.“LIC is actually losing out on a lot of younger generation customers to newer insurance companies that offer a seamless experience and convenience.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Life Insurance Corporation of India LIC LIC Life Insurance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 19:04:21 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22578142

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Official Website: business-standard.com

Update Frequency: 287 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

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News Language: English

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Publisher ID: #49

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