Sunday, January 5, 2025

BANKING

The government will review the financial and operational performance of state-run insurers. This will help decide about capital infusion. Oriental Insurance, National Insurance, and United India Insurance have solvency ratios below the required 1.50. The Insurance Amendment Bill is expected to increase competition in the sector by allowing 100% foreign direct investment.

from Banking/Finance-Industry-Economic Times https://ift.tt/dfvEy1s
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