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CAG flags Rs 194 cr loss incurred by Oriental Insurance in FY20

India's government auditor unearthed costly mistakes. Oriental Insurance Company lost Rs 194 crore on a crop insurance scheme. They also lost Rs 14.92 crore on an uninsured policy. SBI Cards lost Rs 19.65 crore due to poor credit checks. UTI Infrastructure wasted Rs 5.71 crore by re-tendering a PAN card printing contract.

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