Analysts believe that the recent RBI s risk-weight revisions for banks and NBFCs may also have supported insurance company shares. The RBI s action raised the risk weights to 125% for NBFCs and 150% for banks, which will affect their profitability.
The Board of directors of General Insurance Corporation of India has recommended dividend @ Rs. 7.20 per equity share on the Face Value of Rs. 5 each i.e. 144% of paidup equity share capital, for the financial year 2022-23/
The Board of Directors of General Insurance Corporation of India Limited, at its meeting held today have approved the financial results of the company for the period ended December 31, 2022 - Q3FY23 and 9MFY23.
The Board of Directors of General Insurance Corporation of India Limited, at its meeting held today have approved the financial results of the company for the period ended September 30, 2022 - Q2FY23 and H1FY23.