Finance Ministry to infuse Rs 3,000 crore in general insurance companies this quarter

The cabinet had also decided to increase the authorised share capital of National Insurance Company Limited (NICL) to Rs 7,500 crore and that of United India Insurance Company Limited (UIICL) and Oriental Insurance Company Limited (OICL) to Rs 5,000 crore each to give effect to the capital infusion decision.

from Banking/Finance-Industry-Economic Times https://ift.tt/3rSK4Rz