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Canara HSBC Life Insurance reports 9-fold jump in profit at Rs 91 cr in FY23

by AIP Online Bureau | Jun 29, 2023 | Indian News, Life

Indian embedded value of the company stood at Rs 4,272 crore, and the solvency margin at 252 per cent as of March 31, 2023 New Delhi: Canara HSBC Life Insurance on Thursday reported a nearly 9-fold increase in net profit at 91.2 crore during the 2022-23 financial...
Stake dilution in life insurance subsidiary only when valuation is attractive: Canara Bank MD

Stake dilution in life insurance subsidiary only when valuation is attractive: Canara Bank MD

by AIP Online Bureau | Jun 15, 2022 | Banking & Bancassurance, Indian News

(L to R) Anuj Mathur,MD and CEO, Canara HSBC Life Insurance,L V Prabhakar,MD & CEO, Canara Bank,Hitendra Dave, CEO,.HSBC India at a media meet in Mumbai Mumbai:Public sector lender Canara Bank may look at diluting its stake in Canara HSBC Life Insurance at a time...

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