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Pre-merger blues

Published On 16 Dec 2019 10:32 AM


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The three state-claimed general insurance agencies (National Insurance, United Insurance, and Oriental Insurance) have looked for a capital imbuement of Rs 12,000 crore from the Center, to remain above water and direct business. This has been referred to as the pre-condition before the proposed merger process starts. "Capital is the prompt need of the business. We can have the merger just once the substances have a sound monetary record,&....


Tags : IRDAI , FY21,
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