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New incentive for LIC agents
Hyderabad: A new `Corporate Club' incentive launched by LIC will entail agents to get a car advance of up to Rs 10 lakh is in the offing.

The incentive would also carry an office allowance of up to Rs 50,000 and will come into force from the financial year 2004-05, according to Mr S.B. Mathur, Chairman of LIC.
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Corporation Bank wins 'Best PSB' award
Mangalore: Corporation Bank has won the "Best Public Sector Bank" award from Outlook Money magazine, according to a bank release here.

The Chairman and Managing Director of the bank, Mr K. Cherian Varghese, and the Executive Director, Mr P.K. Gupta, received the award from the Finance Minister, Mr Jaswant Singh, in Mumbai , the release added.
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LIC agents support right to strike call
Thiruvananthapuram: The LIC Agents Organisation of India has called upon the agent community to extend support and join the general strike on Tuesday, February 24.

The Central trade unions and federations of the State and Central Government employees have called for a one-day general strike on that day to assert their right to strike, which, according to the LIC Agents Organisation of India, was a basic democratic right.
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domain-B : Indian business : News Review : 23 February 2004 : banking and finance