At $8.65 bn, LIC 10th most valued insurance brand globally: Report
According to this valuation, LIC is largest and strongest brand in the country with a valuation of USD 8.655 billion in 2021, which grew by 6.8 per cent from USD 8.11 billion in 2020, when the value of top 100 insurers declined by 6 per cent globally.
HDFC Bank, ICICI Bank and SBI may be the biggest beneficiaries from govt's push to convert post offices into banking outletsAccording to the proposals in the union budget, customers would be able to access post office accounts through net banking, mobile banking, ATMs, and also provide online transfer of funds between post office accounts and bank accounts. This will be helpful especially for farmers and senior citizens in rural areas, enabling interoperability, and financial inclusion.
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