Bengal FM Amit Mitra writes to Nirmala Sitharaman against privatisation of insurance companies


Bengal FM Amit Mitra writes to Nirmala Sitharaman against privatisation of insurance companies

The government plans to privatise public general insurer United India Insurance Company in the first instance as well as sell-off Life Insurance Corporation (LIC), considered to be the fulcrum of financial security for most of the Indians, Mitra said.

We will continue to keep looking for opportunities to disburse whenever the market is conducive. In terms of credit growth, I think last year we had a 15% credit growth, this year should probably be slightly better than that.


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