Capital infusion of Rs 3,000 crore likely in three General Insurers

The government had infused ₹5,000 crore in FY22 into three state-run general insurers, and so far it has pumped in around ₹18,000 crore into these loss-making firms. A large part of this capital was allocated to wage revisions.

from Banking/Finance-Industry-Economic Times https://ift.tt/jnOl9oB