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Wednesday, Apr 05, 2006


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Money & Banking - Life Insurance

BSLI capital infusion

Our Bureau

Mumbai, April 4

Birla Sun Life Insurance has infused additional capital of Rs 20 crore into the equity of the company. This will enhance the company's equity capital to Rs. 460 crore as on March 31. According to a press release from the company, the capital infusion is for the expansion of the BSLI's distribution network and meeting the solvency margin requirements as stipulated by the IRDA.

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