Finance Minister receives Rs 12,207 crore LIC dividend for FY 2025-26Finance Minister Nirmala Sitharaman received dividend cheques from LIC, Union Bank of India and New India Assurance for FY 2025-26. The Finance Ministry also highlighted the strong financial performance of public sector banks, including record profits, improved asset quality and historically low NPAsBy IANS Published Date - 29 July 2026, 02:57 PMNew Delhi: Finance Minister Nirmala Sitharaman on Wednesday received a dividend cheque of Rs 12,207 crore from the Life Insurance Corporation of India (LIC) for FY 2025-26. She received a “dividend cheque of Rs 12,207 crore for FY 2025-26 from R. Doraiswamy, MD and CEO, Life Insurance Corporation of India,” according to an X post. FM Sitharaman also received a dividend cheque of Rs 2,853 crore for FY2025-26 from Asheesh Pandey, MD and CEO, Union Bank of India and a dividend cheque of Rs 211 crore for FY2025-26 from Girija Subramanian, Chairman-cum-Managing Director, the New India Assurance Co. Ltd. Improved asset quality, healthy credit expansion and higher income contributed to improved profitability of PSBs during FY 2025–26, an earlier Finance Ministry statement said.