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The company will leverage SBIs sole branch in that country to service its products and tie-up with local banks later.

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.

8 Oct 2017 11:35 AM IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

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

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

3 Oct 2017 10:12 AM IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

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 Sept 2017 2:00 PM IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

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 Sept 2017 1:19 PM IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

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

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

20 Sept 2017 12:27 PM IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

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 Sept 2017 7:43 PM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Life insurers see strong growth

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

18 May 2019 2:33 AM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

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...

16 May 2019 1:20 AM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC new premium more than doubles in June; pushes industry collection...

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

14 July 2019 12:07 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

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 IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

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 July 2017 9:37 AM IST

IPO is an instrument to raise money at markets.

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...

2 July 2017 11:46 AM IST