Moneycontrol
Last Updated : Feb 14, 2018 02:59 PM IST | Source: CNBC-TV18

Expect PSU insurance merger to conclude by March 31, 2019: United India Insurance

With the Finance Minister announcing the mega-merger of 3 large public sector insurance companies in his budget speech a little over 2 weeks ago, the industry is keenly awaiting how and at what pace this will be implemented. Now for the first time, one of the three companies speaks to CNBC-TV18. CNBC-TV18’s Yash Jain caught up with MN Sarma, CMD of United India Insurance. He shared his views on the same.

CNBC TV18 @moneycontrolcom

With the Finance Minister announcing the mega-merger of 3 large public sector insurance companies in his budget speech a little over 2 weeks ago, the industry is keenly awaiting how and at what pace this will be implemented. Now for the first time, one of the three companies speaks to CNBC-TV18. CNBC-TV18’s Yash Jain caught up with MN Sarma, CMD of United India Insurance. He shared his views on the same.

Going forward, we expect by March 31, 2019, this consolidation, the merger to get completed, he said.

For more, watch accompanying video...
First Published on Feb 14, 2018 02:48 pm

tags #Business

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