Centre to infuse Rs 12,000 crore in state general insurance firms
The Budget had provisioned Rs 70,000 crore for PSB recapitalisation and last week a Rs 55,250-crore infusion was announced in several PSBs for regulatory and growth requirements.
Sep 06, 2019, 14:39 PM IST
CCI imposes Rs 671 crore fine on four state-run insurers
Competition Commission has imposed a penalty of Rs 251.07 crore on New India Assurance, Rs 162.8 crore on National Insurance, Rs 156.62 crore on United India Insurance and Rs 100.56 crore on Oriental Insurance, respectively.
Jul 16, 2015, 20:11 PM IST
Interviews for GIC Re, National Insurance CMDs on Wednesday
The Finance Ministry has invited eight senior officials from state-owned general insurers for interview to fill up the two CMD posts in GIC Re and National Insurance Company (NIC) in the national capital on July 15.
Jul 13, 2015, 21:54 PM IST
