LIC crosses Rs 50,000 crore valuation surplus for the first time; pays dividend to govt

LIC has completed 63 years since its incorporation and now manages assets worth more than Rs 31.11 lakh crore. It had annual income of Rs 5.61 lakh crore and achieved the highest ever First Year Premium Income of Rs 1,42,191.69 crore in 2018-19.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2F1XsfU