LIC Pays Rs 2,441 Cr Dividend to Sitharaman

By By Rediff Money Desk, NEWDELHI
Mar 01, 2024 15:50
Life Insurance Corporation of India (LIC) presented a dividend cheque of Rs 2,441 crore to Finance Minister Nirmala Sitharaman on Friday.
New Delhi, Mar 1 (PTI) 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 finance minister in presence of Financial Services Secretary Vivek Joshi.
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