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Insurance firms asked to contribute capital to Bima Sugam by month's end

Business Standard LogoBusiness Standard1d ago

Insurance firms asked to contribute capital to Bima Sugam by month's end - Business Standard

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The capital requirement for Bima Sugam has increased to Rs 500 crore from the previously envisaged Rs 100 crore–Rs 200 crore.

This was communicated to the insurers at 'Bima Manthan', a two-day event hosted by the insurance regulator, where industry issues were discussed.

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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-21 @ 16:01:33 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 121 words

Reading Time: 1 minutes read

Sentences: 5 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26315802

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 156 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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