Monday, January 22, 2007

Aviva Life Mobilizes Capital By 199 cr

Mumbai: Aviva Life Insurance has announced the increase in its capital base by Rs 199.1 crore to Rs 758.2 crore. The infusion has been made by Dabur and Aviva in the proportion of 74:26. The fresh infusion would help fuel growth plans in 2007. According to the source, Aviva plans to increase our branches to 192 locations in India and expand our sales force to 31,000 advisers.

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