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Cabinet endorses capital infusion of Rs 12,450 crore in 3 state-run insurance companies

Cabinet Approval

  • The Union Cabinet on 8th July authorized capital infusion of Rs 12,450 crore for three public sector general insurance companies namely Oriental Insurance Company Ltd, National Insurance Company Ltd & United India Insurance Company Ltd (consisting Rs 25,00 crore infused in FY 2019-20).

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