LIC pays ₹12,207.25 crore dividend to government
Life Insurance Corporation (LIC) has paid a massive dividend of ₹12,207.25 crore to the Indian government. This payment is a significant milestone for the government as it marks a substantial return on its investment in the state-owned insurance company. The dividend payment is also a reflection of LIC's strong financial health, with its asset base standing at ₹59.03 lakh crore as of March 31, 2026.
Read the source report: The Hindu
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