Axis Bank gets board nod to reclassify United India Insurance as public shareholder origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.
Axis Bank gets board nod to reclassify United India Insurance as public shareholder businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
To further strengthen their financial health, the government is expected to infuse Rs 3,000 crore in the public sector general insurance companies during the current quarter.
Govt may consider Oriental Insurance or United India for privatisation: Report
The process of choosing a suitable candidate for privatisation has just started and will take some time to decide, sources said.Premium
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. Updated: 21 Feb 2021, 03:23 PM IST PTI
Both Oriental Insurance and the Chennai-based United India Insurance may be able to generate interest from the private sector because of their improved financials
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NEW DELHI :
The government may consider privatising Oriental Insurance or the United India Insurance Co as their financial health has improved after a series of capital infusions, people aware of the development said.
Both Oriental Insurance and the Chennai-based United India Insurance may be able to generate interest from the private sector because of their improved financials.