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SBI Life to venture into Bahrain soon, open to acquisition

“We have completed setting up our Bahrain Branch and would start our operations somewhere in April. The idea is to serve overseas expatriate population. Later on, we can also look at other gulf countries like Dubai. We may also consider entering into Nepal,’’ said Arjit Basu, the outgoing MD & CEO of SBI Life

Motor Third Party:SC asks IRDA to offer 3 yr cvr for cars

Though driving any vehicle without third-party (TP) insurance is an offence and attracts a fine of up to Rs 1,000 with a possible jail term of three months, 50 per cent  of vehicles plying on roads have currently no valid insurance- a large share of them were two-wheelers- against approximately 18 crore registered vehicles.

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