LIC pays dividend of Rs 2,441 crore to govt 
News Updates

LIC pays dividend of Rs 2,441 crore to Govt

The dividend cheque was handed over to the Finance Minister in presence of Financial Services Secretary Vivek Joshi

PSU Watch Bureau

New Delhi: Life Insurance Corporation of India (LIC) on Friday paid a dividend of Rs 2,441 crore to the government.

"Smt @nsitharaman receives a dividend cheque of Rs 2,441.44 crore from Shri Siddhartha Mohanty, Chairman - Life Insurance Corporation of India (@LICIndiaForever)," Finance Minister Nirmala Sitharaman's Office said in a post on X.

The dividend cheque was handed over to the Union Finance Minister Nirmala Sitharaman in presence of Financial Services Secretary Vivek Joshi.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Also Read

IIFCL in talks with ADB, Korean Exim Bank to raise $600 million

Govt notifies telecom cyber security rules; sets timelines for telcos to report security incidents

Govt invites job applications for PNGRB's Member post

Power Minister visits NHPC’s Nimoo Bazgo Power Station in Ladakh

Delegates from 18 countries attend RBI's policy conference of Global South central banks