Motilal Oswal
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Motilal Oswal
March 15, 2019 11:47 PM IST | Economy

Rs 210 crore of Army insurance funds sunk in IL&FS bonds

Recently, officials of the Indian Army met the new board of the IL&FS seeking a solution of this issue. There are no direct answers on who will pick up the liability.
Insurance benefits to the families of those Army personnel who may die while in service is Rs 50 lakh for officers and Rs 25 lakh for JCOs/OR.
Rs 210 crore of Army insurance funds sunk in IL&FS bonds
Published Date: Mar 15th, 2019 11:47 PM | Updated Date: March 15, 2019 11:47 PM IST
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