LIC earns total investment income of Rs 1.80 lakh crore in FY17
LIC has earned a total investment income of Rs 1,80,117 crore in FY17 through investment in government bonds and state development loans, interest, corporate bond interest, dividend income and profits on sale of equity.
The market value of LIC's total investment grew 17.08% at the end of FY17 at Rs 24,69,589 crore (provisional) from Rs 21,09,253 crore a year ago. Representational Image. Image Source: ZeeBiz WebDesk