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SBI Life net rises marginally to Rs 77.6 cr in Mar qtr

SBI Life net rises marginally to Rs 77.6 cr in Mar qtr

by AIP Online Bureau | Apr 26, 2023 | Indian News, Life

The value of new business grew 37 per cent to Rs 5,067 crore, with a robust margin of 30.1 per cent, up 420 bps for the year Mumbai: SBI Life on Wednesday reported Rs 77.6 crore net income for the March quarter, marginally up from the Rs 67.2 crore it had booked in...

SBI Life declares interim dividend for its investors

by AIP Online Bureau | Mar 8, 2023 | Briefs, Eco/Invest/Demography, Life

SBI Life Insurance on Wednesday declared an interim dividend of Rs 2.5 per share for its investors for the financial year 2022-23. The declared interim dividend will be paid on or before April 6, 2023, to eligible shareholders. The record date is March 16, 2023. The...

SBI Life Insurance Q3 profit falls over 16% to Rs 304 crore

by AIP Online Bureau | Jan 21, 2023 | Indian News, Life

The asset under management (AUM) grew by 17 per cent from Rs 2,56,870 crore as on December 31, 2021 to Rs 2,99,990 crore as on December 31, 2022 with debt-equity mix of 71:29, it said Mumbai: Private sector SBI Life Insurance on Saturday reported more than 16 per cent...

SBI Life net income rises 18 pc to Rs 263 crore on strong sales, margin expansion

by AIP Online Bureau | Jul 28, 2022 | Indian News, Life

The life insurer’s Value of New Business (VNB) jumped 130 per cent to Rs 882 crore and the VNB margin soared 665 basis points to 30.4 per cent during the reporting period Mumbai: SBI Life on Thursday reported an 18 per cent growth in net profit at Rs 263 crore...

SBI Life Q4 net profit rises 26% to Rs 672 cr

by AIP Online Bureau | Apr 28, 2022 | Indian News, Life

SBI Life said it registered a growth of 39 per cent in the value of new business (VoNB) to Rs 3,700 crore in FY22 Mumbai: SBI Life Insurance (SBI Life) on Thursday reported a 26.3 per cent rise in its net profit at Rs 672 crore for quarter ended March 2022. The life...
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