{"id":99091,"date":"2022-04-18T12:55:09","date_gmt":"2022-04-18T07:25:09","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=99091"},"modified":"2022-09-19T14:10:25","modified_gmt":"2022-09-19T08:40:25","slug":"centre-infuses-rs-5000-crore-into-3-state-run-insurance-companies-oicl-nicl-and-uicl","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/centre-infuses-rs-5000-crore-into-3-state-run-insurance-companies-oicl-nicl-and-uicl\/","title":{"rendered":"Centre infuses Rs. 5,000 crore into 3 state-run insurance companies- OICL, NICL and UICL"},"content":{"rendered":"\n<p>The Centre has raised the authorised capital of three public sector insurance companies &#8211; Oriental Insurance Company Limited (OICL), National Insurance Co. Ltd. (NICL) and United India Insurance Co. Ltd. (UICL) &#8211; to enable subscription of capital.<br><strong>The individual capital infusion in these three insurance company is given below:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>NICL- Rs 3,700 Crore<\/li><li>OICL- Rs 1,200 Crore<\/li><li>UICL- Rs 100 Crore<\/li><\/ul>\n\n\n\n<p>With this, the authorised share capital of these insurance companies has now been increased. The details of new authorised capital is given below:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Authorized capital of NICL= Rs. 15,000 crore<\/li><li>Authorized capital of OICL= Rs. 7,500 crore<\/li><li>Authorized capital of UICL= Rs. 7,500 crore<\/li><\/ul>\n\n\n\n<p>Authorised share capitals of entities are increased from time to time to enable subscription of capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Centre has raised the authorised capital of three public sector insurance companies &#8211; Oriental Insurance Company Limited (OICL), National Insurance Co. Ltd. (NICL) and United India Insurance Co. Ltd. (UICL) &#8211; 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 [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":99092,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[3695],"tags":[4916,3887,3888],"class_list":["post-99091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-april-2022","tag-national-current-affairs","tag-national-insurance-co-ltd","tag-united-india-insurance-co-ltd"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/99091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=99091"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/99091\/revisions"}],"predecessor-version":[{"id":99093,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/99091\/revisions\/99093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/99092"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=99091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=99091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=99091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}