Centre to infuse Rs 3,000 crores in PSU general insurers in Q4 FY21
By siliconindia | Monday, 15 February 2021, 04:17 Hrs In a bid to improve the financial condition of the state-run general insurance companies, the Finance Ministry will put in additional Rs 3,000 crore into them in the ongoing quarter (January-March). The Union Cabinet had last year cleared the proposal to infuse capital into National Insurance, Oriental Insurance and United India Insurance. The government recently sought the Parliament's approval for gross additional expenditure of Rs 6.28 lakh crore for 2020-21 as part of second and final batch of s...
Source: siliconindia.com