Mergers of Three General Insurance Companies

in insurance •  5 years ago 

Finance Minister Nirmala Sitharaman, in the Union Budget of 2019-20, had mooted the proposal for amalgamation of the three PSU insurance companies into one.

According to an official privy to the plan, the merged entity is also expected to soak up much of the workforce of the three firms, which are already working on an optimal level.

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5 years ago by

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