Finance Ministry asks public sector insurers to improve profitability File photo
News Updates

Finance Ministry asks public sector insurers to improve profitability

Finance Secretary reviewed the performance of public sector general insurance companies (PSGIC) and asked them to improve profitability

PTI

New Delhi: Financial Services Secretary M Nagaraju on Tuesday reviewed the performance of public sector general insurance companies (PSGIC) and asked them to improve profitability.

During the meeting, he emphasised on adoption of digital solutions and product innovation to deliver seamless services for policyholders.

PSU Watch is now on Whatsapp Channels. Click here to join

He urged the PSGICs to focus on reducing losses, improving profitability, & strengthening the insured public's trust, the Department of Financial Services said in a post on X.

"On the occasion of #SamvidhanDiwas, Secretary DFS, along with officers and staff, read the Preamble of the #Constitution today to honour and uphold the ideals that define and unite our nation," another post said.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

NLC India signs MoU with IIT (ISM) TEXMiN for critical mineral exploration and research

Policy shift in Odisha may attract Rs 25,000-30,000 crore in power investments

ONGC Q4 profit rises 3% to Rs 6,649 Crore YoY; dividend declared

ACC approves appointment of Vinayak Bhat (IRS) as Private Secretary to MoS V Somanna

Piyush Singla (IAS) appointed as Director in Ayushman Bharat Digital Mission