The government has extended the superannuation age of IPO-bound LIC Chairman, M R Kumar, to up to 62 years by making amendments to the Life Insurance Corporation of India (Staff) Regulations, 1960. The changes made in the rules will be called the Life Insurance Corporation of India (Staff) Amendment Rules, 2021, according to a government notification dated June 30, 2021. It is to be noted that the retirement age for the top executives of the majority of PSUs is 60 years, barring a few exceptions, including the State Bank of India (SBI).
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Important takeaways for all competitive exams:
Find More Miscellaneous News Here
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
World Water Day is observed globally on the March 22 and the day raise awareness…
Did you know there is a special island in the world where giant tortoises roam…
Did you know that beneath the ocean floor lies one of the most valuable energy…
Chapchar Kut which is the major spring festival of Mizoram and it was celebrated with…
Did you know that in many countries, rivers are not just water sources but the…