Paytm forms a joint venture general insurance firm named ‘Paytm General Insurance Ltd’ – Paytm announced a Joint Venture (JV) general insurance company called Paytm General Insurance Ltd (PGIL). along with it, Paytm has announced to infuse Rs 950 crore in PGIL in tranches, over a period of 10 years and to hold an upfront equity stake of 74% in JV. with this, Paytm General Insurance will be a subsidiary of Paytm.
- PGIL plans to register for and undertake general insurance business defined under Section 2(6B) of the Insurance Act, 1938 (“Insurance Act”).
- Vijay Shekhar Sharma is serving as the Managing Director and CEO of Paytm.
★★★★ You Can Also Read ★★★★
| Computer Awareness Quiz Questions Set (Banking) |
| Read Daily Current Affairs Topic Wise |
| Daily Current Affairs Quiz (Current GK Test) |
| Static Gk Quiz Questions and Answers |
📣 Prepare Exams is now on Facebook, Twitter, Instagram, YouTube Channel, and Google News to get all the latest News first Like, Follow and bookmark our website @ PrepareExams.com.
For all the latest Updates, download PrepareExams App.