Cabinet approves proposal for capital infusion for OICL, NICL and UIICL
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....abinet approves proposal for capital infusion for OICL, NICL and UIICL <br>News and Press Release<br>Dated:- 12-2-2020<br><BR>The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has g....
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....iven its in principle approval for capital infusion for three Public Sector General Insurance Companies, namely, Oriental Insurance Company Limited (OICL), National Insurance Company Limited (NICL) an....
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....d United India Insurance Company Limited (UIICL). In view of the above, Cabinet has allowed immediate release of ₹ 2500 Crore in the light of the critical financial position and breach of regul....
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....atory solvency requirements of 3 PSGICs viz. OICL, NICL and UIICL.<BR> News - Press release - PIB....


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