Friday, Dec 01, 2023 | Last Update : 06:46 AM IST

SBI Life

LIC new premium more than doubles in June; pushes industry collection to Rs 32,241 cr

All the 24 life insurers had written new gross premium of Rs 16,611.57 in the same month a year ago.

14 Jul 2019 12:07 PM

Life insurers see strong growth

April has particularly been fruitful for the listed players in new business premium. All the four listed players saw high growth rates.

18 May 2019 2:33 AM

Promoters find it difficult to exit insurance business

The Indian insurers offer a return on equity (RoE) of 10-20 per cent compared to their Asian counterparts that offer RoE of 40-60 per cent.

16 May 2019 1:20 AM

Allahabad Bank, SBI Life join hand for bancassurance partnership

This will empower the consumer to address their complete financial needs under one roof.

31 Dec 2018 5:49 PM

SBI Life to open Bahrain branch by December

Company has received the requisite approvals from the Central Bank of Bahrain and the Indian regulator IRDAI.

08 Oct 2017 11:35 AM


SBI Life makes market debut today; listed at 5 per cent premium to issue price

SBI Life is a joint venture between SBI and BNP Paribas Cardif (BNPPC). 

03 Oct 2017 10:12 AM

SBI Life to start its market innings on Tuesday

The initial public offer (IPO) of Rs 8,400 crore was oversubscribed 3.58 times on September 20-22.

29 Sep 2017 2:00 PM

SBI Life IPO oversubscribed 1.43 times

SBI will dilute up to 8 crore shares while BNP Paribas Cardif SA will offload up to 4 crore shares.

22 Sep 2017 1:19 PM

SBI Life's Rs 8,400 crore-IPO starts today; raises Rs 2,226 crore from anchor investors

SBI Life is a joint venture between India's largest lender SBI and BNP Paribas Cardif (BNPPC).

20 Sep 2017 12:27 PM

SBI Life aims to maintain 39 per cent growth momentum

SBI Life is a joint venture between SBI and BNP Paribas Cardif -- the insurance arm of BNP Paribas.

18 Sep 2017 7:43 PM


SBI Life gets final approval for IPO from SBI central board

SBI Life's net profit grew 10.9 per cent to Rs 954.65 crore in the year to March 2017.

11 Jul 2017 9:37 AM

Fundraising via IPO rises 73 pc to Rs 12,000 cr in H1 2017

UTI Mutual Fund and SBI Life, are expected to launch their initial public offers to raise Rs 35,000 crore in coming months.

02 Jul 2017 11:46 AM

SBI eyes IPO of general insurance business in FY 18

SBI General Insurance reported profit in 2016-17 and the company will wait for a year or so before going for IPO.

18 Jun 2017 4:41 PM