News - India: Birla Sun Life Insurance Increases Capital

Source: Asia Insurance Review | Jan 2008

In order to meet with Birla Sun Life’s plans on capital expenditure to support the expansion of infrastructure and to conform to the solvency margin requirements as stipulated by the Insurance Regulatory and Development Authority (IRDA), the promoters of the insurer have infused an additional capital of Rs123 crore (US$313 million) into the capital base of the company.

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News - India: Birla Sun Life Insurance Increases Capital

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