Secretary, DFS Outlines Strategic Vision for LIC at Strategy Meet in MumbaiLIC regarded as a key partner during the meet in aligning institutional capital with
Click below:- https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2215688&RegID=3&LID=1
Sunday, 18 January 2026
PIB:Secretary, DFS Outlines Strategic Vision for LIC at Strategy Meet in MumbaiLIC regarded as a key partner during the meet in aligning institutional capital with
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It is a pity that such a economically mighty LIC which gave some lakhs of windfall profit of lakhs crores to GOI even after recouping more than the investment cumulatively from 1.9.56 till this day at 12% PA reduced the retirees to beg for the pension upgradation like GOI/RBI.DFS is adamant that so long as Bankers of bankrupt PSBs didn't get their upgradation after written of 12 lakh crores of wilful defaulters from their balance sheets retirees cannot claim like RBI. While all bank clerks were promoted as officers which is evident as number of officers are more than clerks Assistants are destined to retire mostly at he entry level or A+30 ie.,SH except a chosen few from 1.9.56 with majority at stagnation level wages with no pension unlike SBI which gave much less windfall profit than LIC. One is unable to understand why In-service and its mentors of financial sector is betraying retirees continuously unlike passively agitating RBI, while preaching Socialism since the formation of TUs.
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