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LIC Pays ₹3,662 Crore Dividend To Indian Government

Kumari Sonali

LIC Pays ₹3,662 Crore Dividend to Indian Government:

Life Insurance Corporation of India (LIC) presented a dividend cheque of ₹3,662.17 crore to Union Finance and Corporate Affairs Minister Nirmala Sitharaman. This follows the shareholder approval of a final dividend of ₹6 per share for 2023-24, up from ₹3 per share in the previous fiscal year

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