News From Press Mega merger of PSU general insurers stuck in first step

Mega merger of PSU general insurers stuck in first step

Source: MoneyControl May 23, 2018

The ambitious mega merger between the three state-owned general insurance companies has got stuck in the very first step.

Though three months have passed since the merger of the three state-owned general insurance companies was announced in the Union Budget, there has been little progress. The three insurers are yet to agree on a consultant.

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