LIC declares Rs 1,831 crore FY23 dividend
ETMarkets.com
Synopsis
LIC paid out the dividend following the annual general meeting, which took place on August 22, 2023 and after receiving approval during the AGM. In FY23, LIC had reported a 10.90% increase in total premium income to ₹4,74,005 crore.
By ET Bureau
Last Updated:
Mumbai: State-owned Life Insurance Corporation of India (LIC) has announced a dividend of ₹1,831 crore to the government for fiscal year 2022-2023.
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LIC paid out the dividend following the annual general meeting, which took place on August 22, 2023 and after receiving approval during the AGM. In FY23, LIC had reported a 10.90% increase in total premium income to ₹4,74,005 crore. 
