Sahara India Financial Corporation, the major shareholder of Sahara India Life Insurance, is in for a scolding from the Supreme Court. The corporation has been criticised for failing to recover Rs 78.15 crore ($11m) from the insurance company. The court called the corporation a "gross defaulter" that had "siphoned off" funds from the insurance firm's policyholders.
from Banking/Finance-Industry-Economic Times https://ift.tt/sxEAhiN
via IFTTT
No comments:
Post a Comment