Sunday, August 4, 2024

BANKING

The finance ministry urged state-owned general insurers to focus on profitability rather than revenue growth. After a Rs 7,250 crore capital infusion, companies like Oriental Insurance and National Insurance improved their financial performance. Operational reforms, including staff recruitment, are underway. The government monitors their progress and hasn't planned further capital infusion.

from Banking/Finance-Industry-Economic Times https://ift.tt/UNzA6G3
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