News From Press Govt may infuse more capital in public sector general insurers next year

Govt may infuse more capital in public sector general insurers next year

Source: Mint Mar 13, 2023

To improve their financial health, the central government may have to infuse more capital in the three public sector general insurance firms, said senior government official on 12 March.

Earlier in 2022, the government had provided ₹5,000 crore capital to three insurers -- National Insurance Company Limited, Oriental Insurance Company Limited and United India Insurance Company.

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