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Reliance Capital's admin opposes Rs 118 cr provision by Reliance General Insurance

By Economic Times - 9 months ago
The board of Reliance General Insurance Company Ltd made a Rs 118 crore provision in the quarter ending December 2023 to provide a one-time incentive to the senior officials of the company, a move opposed by the administrator of parent Reliance Capital, said people with knowledge of the matter.

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