Government mulling merger of 3 public sector general insurers, says report
Updated : May 29, 2019 11:04 AM IST
Finance Minister Arun Jaitley had said in his budget speech that National Insurance, United India Insurance and Oriental Insurance would be merged and listed.
The move, if it becomes a reality, will be the third such instance that the government has taken such a step.
The final call regarding the move that comes as part of government’s consolidation exercise will be taken by the new government.