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Hdfc Standard Life Infuses Rs 50 Cr To Capital

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Our Banking Bureau BUSINESS STANDARD

HDFC Standard Life Insurance Company Ltd today infused an additional Rs 50 crore to its share capital, taking it to Rs 218 crore.

HDFC Standard Life managing director and CEO Deepak Satwalekar stated that the infusion of additional capital was necessitated on account of the strong growth shown by the company in the current financial year in its life insurance and pension business. The two partners in the joint venture

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First Published: Feb 07 2003 | 12:00 AM IST

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