In future, there would be review and rationalisation of products and their features
The NCDs were issued in November with a coupon rate of 7.6%
The general insurance company has recently completed acquisition of L&T General Insurance
Pays Rs 1,122 cr for stake valuing company at Rs 4,900 crore
First such consolidation in India's general insurance sector
The foreign partner has paid Rs 1,122 cr for the additional stake