https://www.taxtmi.com/news?id=22946 Cabinet approved a government capital infusion into three Public Sector General Insurance Companies with an immediate first tranche to be released and the balance to follow in one or more tranches; authorised share capital of the companies will be increased to give effect to the infusion. The merger process has been put on hold and the infusion is accompanied by government-issued KPIs to ensure utilisation aimed at profitable growth, improved solvency, greater resource-raising capacity and enhanced risk management. en-us Wed, 08 Jul 2020 17:15:15 +0530 Wed, 08 Jul 2020 17:15:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22946 Cabinet approved a government capital infusion into three Public Sector General Insurance Companies with an immediate first tranche to be released and the balance to follow in one or more tranches; authorised share capital of the companies will be increased to give effect to the infusion. The merger process has been put on hold and the infusion is accompanied by government-issued KPIs to ensure utilisation aimed at profitable growth, improved solvency, greater resource-raising capacity and enhanced risk management. News - Wed, 08 Jul 2020 17:15:15 +0530 https://www.taxtmi.com/news?id=22946