Money & Banking

NIC pays ₹165 cr dividend to Centre

Our Bureau Kolkata | Updated on August 21, 2014 Published on August 21, 2014

National Insurance Company has paid a dividend of ₹164.66 crore for FY14 (2013-14) to the Centre. The dividend was paid on August 8. The company had reported a total business premium of ₹10,000 crore and a net profit (profit after tax) of ₹823 crore last fiscal. In the first quarter of the current fiscal (April-June 2014), the insurer reported a net profit of ₹414 crore.

Published on August 21, 2014
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