To inject Rs 100-120 cr in general insurance biz: Reliance Capital
By Prashant R Nair | Published On: August 13, 2012 09:40 (IST) | Duration: 5 min, 28 sec
Reliance Capital reported a sharp 94 per cent decline in its net profit to Rs 8 crore for the first quarter ended June 2012. Sam Ghosh, CEO of Reliance Capital told NDTV Profit that they need to boost their general insurance business. "We will inject Rs 100-120 crore in the general insurance business," he added.