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We will move forward on insurance PSUs merger: Finance Minister Nirmala Sitharaman

Posted on January 17, 2020January 17, 2020

Finance Minister Nirmala Sitharaman has said the government would move forward on the merger of the three state-run general insurance companies as announced in the previous Budget. “This was a Budget announcement and I will be moving forward on that”, she said in a media interaction. The proposed merger of National Insurance Co. Ltd., United […]

General Insurance

National Insurance seeks Rs 6,000 crore before merger

Posted on January 17, 2020January 17, 2020

National Insurance Company has urged the government to infuse around Rs. 6,000-crore into it to shore up the capital before its merger with two state-run general insurers. The proposed merger of National Insurance Company, Oriental Insurance Company and United India Insurance Company would create one of the largest general insurance players in the country. “We […]

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We will move forward on insurance PSUs merger: Finance Minister Nirmala Sitharaman

National Insurance seeks Rs 6,000 crore before merger