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State-Run Insurers Rally For Second Session On Privatisation Report
20 Feb 2021, 10:32 AM IST 
On the BSE, shares of New India Assurance were last trading 11.81 per cent higher at Rs 183.60
Shares of two listed state-owned insurance companies, General Insurance Corporation of India or GIC Re and New India Assurance rallied as much as 20 per cent for the second straight session after a surge in state-run banks on privatisation buzz. On February 1, while presenting Budget 2021, Finance Minister Nirmala Sitharman had also announced that the government will privatise four banks as well as an insurance company. General Insur...
