# LIC pays ₹12,207.25 crore dividend to government 2026-08-08T07:50:57+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet State-owned Life Insurance Corporation of India (LIC) paid a dividend of ₹12,207.25 crore to the central government on Wednesday, according to The Hindu. CEO and MD R. Doraiswamy handed the cheque to Finance Minister Nirmala Sitharaman in New Delhi. Shareholders had approved the payout at the annual general meeting on July 27. LIC, which is completing 70 years, said its asset base stood at ₹59.03 lakh crore as on March 31, 2026. The corporation remains the market leader in Indian life insurance. ## Coverage - thehindu.com This story was synthesised by AI from the source linked above. Tags: dividend, Finance Ministry, insurance, LIC, PSU Canonical: https://indianopinion.org/lic-pays-rs12207-25-crore-dividend-to-government/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/lic-pays-rs12207-25-crore-dividend-to-government/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/