CAPITAL INFUSION IN PUBLIC SECTOR INSURANCE COMPANIES - AN EXAMINATION

Monday, December 16 2024

The proposed capital infusion measure will be welcome for the financial sector in general and the public sector general insurance companies in particular because the insurance market -both life and general - is here to stay and grow sharply in line with the general trend globally and the steady growth of the Indian economy. With capital infusion, these state-run general insurance companies can and must run on sound and profitable lines.

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