{"id":276861,"date":"2025-11-20T20:30:51","date_gmt":"2025-11-20T14:45:51","guid":{"rendered":"https:\/\/insurancekhabar.com\/government-of-india-gets-rs-14-45-billion-as-cash-dividend-from-gic-re-2\/"},"modified":"2025-11-20T20:30:51","modified_gmt":"2025-11-20T14:45:51","slug":"government-of-india-gets-rs-14-45-billion-as-cash-dividend-from-gic-re-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/government-of-india-gets-rs-14-45-billion-as-cash-dividend-from-gic-re-2\/","title":{"rendered":"Government of India gets Rs 14.45 billion as cash dividend from GIC Re"},"content":{"rendered":"<p>Kathmandu. GIC Relay, a reinsurance company owned by the Indian government, has paid a dividend of Rs 14.45 billion (Rs 23.12 billion) to the government for the last fiscal year. <\/p>\n<p>For the last financial year 2024-25, the government of India has received such a huge dividend. <\/p>\n<p>The Indian government holds 85.50 percent stake in the company, which has joint ventures in Bhutan and Russia. <\/p>\n<p>In the current financial year 2024-25, the reinsurance company has recorded a total profit of Rs 67.01 billion. As a result, the shareholders declared a final dividend of Rs 10 per share. <\/p>\n<p>With a total workforce of less than 500, GIC has the highest profit per employee profit rate in India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. GIC Relay, a reinsurance company owned by the Indian government, has paid a dividend of Rs 14.45 billion (Rs 23.12 billion) to the government for the last fiscal year. For the last financial year 2024-25, the government of India has received such a huge dividend. The Indian government holds 85.50 percent stake in the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":215534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45159,45102],"tags":[],"class_list":["post-276861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-reinsurance-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/276861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=276861"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/276861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/215534"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=276861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=276861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=276861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}