Lic Profit Falls 17% In Q4, Assets Swell
Lower expenses may positively impact LIC’s growth prospects since insurance is a cash-guzzling business
Source: livemint.com
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Lower expenses may positively impact LIC’s growth prospects since insurance is a cash-guzzling business
Shares of Life Insurance Corporation of India (LIC) made a lacklustre debut on stock exchanges, listing at over 8 per cent discount after a successful initial public offering (IPO).
Life Insurance Corporation of India (LIC) will consider payment of dividend during its board meeting, which is scheduled to be held on May 30
LIC did not pay any dividend to the government in the last financial year and used the free reserves to increase its paid-up capital