Centre infuses Rs. 5,000 crore into 3 state-run insurance companies- OICL, NICL and UICL

Centre infuses Rs. 5,000 crore into 3 state-run insurance companies- OICL, NICL and UICL

The Centre has raised the authorised capital of three public sector insurance companies – Oriental Insurance Company Limited (OICL), National Insurance Co. Ltd. (NICL) and United India Insurance Co. Ltd. (UICL) – to enable subscription of capital.The individual capital infusion in these three insurance company is given below: NICL- Rs 3,700 Crore OICL- Rs 1,200 […]

Centre infuses Rs. 5,000 crore into 3 state-run insurance companies- OICL, NICL and UICL Read More »