Budget 2018: Govt to merge 3 insurance companies and launch IPO1 min read . Updated: 01 Feb 2018, 06:12 PM IST
Oriental Insurance, National Insurance, and United India Insurance to be merged into a single insurance company and listed on the bourses, says Arun Jaitley in budget speech
Mumbai: Three public sector insurance companies—The Oriental Insurance Co. Ltd, National Insurance Co. Ltd, and United India Insurance Co. Ltd— will be merged into a single insurance company and listed on the bourses, finance minister Arun Jaitley announced in the Union Budget on Thursday.
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