Centre infuses ₹5,000 crore into 3 state-run insurance companies

A notification issued by the finance ministry on April 13 said that for NICL the authorised capital will now be ₹15,000 crore, for OICL it will be ₹7,500 crore and for UICL, authorised capital has been raised to ₹7,500 crore from ₹5,000 crore.

from Banking/Finance-Industry-Economic Times https://ift.tt/iy8IwF7