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of <h1>Government Approves Rs. 2,500 Crore Capital Infusion for Public Sector Insurance Companies to Address Solvency Issues.</h1> The Union Cabinet, led by the Prime Minister, approved a capital infusion for three public sector general insurance companies: Oriental Insurance Company Limited, National Insurance Company Limited, and United India Insurance Company Limited. This decision includes an immediate release of Rs. 2,500 crore due to the critical financial status and regulatory solvency breaches of these companies.
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