LIC increases stake in SBI Cards & Payments Services Limited:

LIC increases stake in SBI Cards & Payments Services Limited:

Daily Current Affairs   /   LIC increases stake in SBI Cards & Payments Services Limited:

Change Language English Hindi

Category : Business and economics Published on: February 15 2024

Share on facebook
  • Life Insurance Corporation of India (LIC) has boosted its shareholding in “SBI Cards & Payments Services Limited” from 4.99% to 5.02% of the paid-up capital. 
  • The acquisition, completed through open market purchases, resulted in LIC’s holding reaching the 5% mark on February 9, 2024.
Recent Post's
  • NSO launched a beta MCP server to enable AI-ready, real-time access to India’s official datasets. The platform supports seamless integration of statistics into modern analytical tools.

    Read More....
  • ZSI scientists discovered two new marine worm species in polluted coastal zones of West Bengal. The finding highlights hidden biodiversity and ecological resilience.

    Read More....
  • INS Arnala, India’s first indigenous ASW shallow water craft, boosts coastal defence and naval self-reliance. It has over 80% indigenous content.

    Read More....
  • A 7.22-metre reticulated python in Indonesia was recognised by Guinness as the longest measured snake. The discovery highlights Sulawesi’s biodiversity.

    Read More....
  • Uttarakhand began a ₹3,300-crore Sharda river corridor project to boost tourism and infrastructure in Champawat. The plan links heritage with economic growth.

    Read More....
  • A rare ant species was discovered in Garbhanga Reserve Forest near Guwahati. The finding underscores the conservation value of urban-edge forests.

    Read More....
  • International Epilepsy Day 2026 promotes awareness and action through the #EpilepsyPledge campaign. It focuses on inclusion and reducing stigma.

    Read More....
  • India beat Bangladesh 4–0 to win the SAFF U-19 Women’s title. The victory marks a strong comeback and preparation for continental competition.

    Read More....
  • Himachal Pradesh launched an AI-based education platform for competitive exam aspirants. The programme ensures equal digital learning access.

    Read More....
  • India ranked second globally outside the US in LEED-certified building space in 2025. The growth reflects a push toward sustainable urban development.

    Read More....