Govt may consider Oriental Insurance or United India for privatisation
Updated:
Updated:
February 21, 2021 17:13 IST
The Finance Minister, in her Budget 2021-22, had announced a big-ticket privatisation agenda including privatisation of two public sector banks and one general insurance company
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The Finance Minister, in her Budget 2021-22, had announced a big-ticket privatisation agenda including privatisation of two public sector banks and one general insurance company
The government may consider privatising Oriental Insurance or the United India Insurance Co. as their financial health has improved after a series of capital infusions, people aware of the development said.
To further strengthen their financial health, the government is expected to infuse ₹3,000 crore in the public sector general insurance companies during the current quarter.