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SBI Life to reclassify BNP Paribas Cardif as non-promoter

by AIP Online Bureau | Feb 22, 2022 | Indian News, Life, Regulation

As per Sebi guidelines, a promoter or promoter group seeking reclassification should not hold more than 10 per cent of the voting rights in the company. SBI Life shares closed at Rs 1,129.15 apiece on BSE, down 1.86 per cent from the previous close Mumbai: SBI Life...

SBI Life Q3 profit jumps 56% to Rs 364 crore

by AIP Online Bureau | Jan 21, 2022 | Indian News, Life

Life insurer’s total income declined to Rs 20,458.31 crore in the quarter under review from Rs 26,551.90 crore in October-December 2020 period Mumbai: SBI Life Insurance on Friday reported a 56 percent rise in net profit at Rs 364 crore for the third quarter...

78% of Indians feel insurance is an important part of financial planning: SBI Life Survey

by AIP Online Bureau | Jan 12, 2022 | Facts, Health, Life

But 38% of the Indians feel that the situation could worsen over the next three months and their top three worries attributed to (1) Rising medical/ treatment cost (2) Instability of Jobs (3) concerns around Health of family/self Mumbai, January 12, 2022: SBI Life...
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