Govt may infuse capital in 3 public insurers in FY25, says DFS Secy
Thu, Feb 8, 2024 2:59 PM

Govt may infuse capital in 3 public insurers in FY25, says DFS Secy

A Flip by Shubhangi Gupta
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In order to improve the solvency ratio of three public sector insurance companies – United India Insurance, National Insurance, and Oriental Insurance – the finance ministry plans to infuse capital after analyzing their performance in Q3 and Q4 of FY24. The government has already invested Rs 17,500 crore in these companies, which have shown promising Q2 profits despite losses last year.

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