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SBI Life Insurance News
SBI Life Insurance
Free water in Mumbai! Public beats the heat with Bisleri water, courtesy SBI General Insurance
Tue, May 28, 2019
To provide some relief from the heat, SBI General Insurance has come up with an unique yet highly effective way. The insurance wing of State Bank of India is offering free Bisleri bottles to Mumbaikars to beat the heat in a mobile van travelling to all areas of the city.
These two SBI life insurance covers can help you retire smart, earn pension
Fri, May 03, 2019
A life insurance is among the most common and traditional mode of investment, where a citizen pays premium for a certain specified period to earn a lump sum amount offered by banks.
SBI Life- Sampoorn Cancer Suraksha: These are the benefits you get from with this standalone cancer insurance
Wed, Apr 17, 2019
Treatments like chemotherapy, radiology and drug prescription have expenditure that sky rockets through the roof.
Thanks A Dot! SBI Life Insurance launches innovative campaign to raise awareness about breast cancer - Watch video
Tue, Apr 02, 2019
The new SBI Life Insurance initiative will be handled and executed by SBI Life’s digital and social media partner WATConsult.
Cardif sells 5 cr shares in SBI Life Insurance for 2,889 crore
Sat, Mar 30, 2019
BNP Paribas Cardif, the foreign partner of SBI Life Insurance, Friday sold 5 crore shares of the company for Rs 2,889 crore.
Shares to buy: Experts bet on this stock, set to give 20% return
Wed, Jan 23, 2019
The experts have advised equity investors to take buy position into the SBI Life Insurance stock for return to the tune of 20 per cent in three to four month time.
Fund raising via IPO slumps 53% to Rs 12,470 crore in Apr-Sep FY19
Sun, Oct 07, 2018
Indian companies raised Rs 12,470 crore through initial public offerings in April-September this fiscal, a plunge of 53 per cent from the year-ago period, mainly due to volatile equity markets and uncertainties in macro environment.
SBI Life Insurance Q3 net profit rises 21% to Rs 230 crore
Tue, Jan 30, 2018
SBI Life Insurance Company today reported 21 per cent rise in its net profit at Rs 230.28 crore for the third quarter ended December 2017 on healthy premium income. The company had registered a net profit of Rs 190.43 crore in the corresponding quarter of previous fiscal 2016-17.
SBI Life bets on metals, oil and gas sectors for investment growth
Thu, Nov 23, 2017
Prices of base metals such as aluminium and zinc have been on the rise in India as a clampdown on pollution in China has hit production in the country and in turn boosted demand in Asia`s third-largest economy.
Stake sale in insurance arms may help banks with their NPAs
Thu, Oct 05, 2017
IPO market is seen on a bull run this year, analysts believe for sectors like insurance, stock exchanges and AMCs this is a well place market.
SBI Life Insurance debuts on bourses at 5% premium
Tue, Oct 03, 2017
SBI Life, which is a subsidiary of State Bank of India, had raised up to Rs 8,400 crore via IPO (initial public offer). Its three-day IPO was oversubscribed by 3.58 times.
SBI Life Insurance IPO fully subscribed on last day of offer
Fri, Sep 22, 2017
SBI Life Insurance, a subsidiary of State Bank of India (SBI) has set price band in the range of Rs 685-700 per piece.
SBI Life Insurance IPO hits Dalal Street; should you invest?
Tue, Sep 19, 2017
SBI Life Insurance, a subsidiary of State Bank of India (SBI) will hit the market tomorrow to raise up to Rs 8,400 crore.
SBI Life Insurance may launch IPO in this month; aims to raise Rs 8000 crore
Tue, Sep 05, 2017
The company is expecting approval from Securities and Exchange Board of India (Sebi) and Insurance Regulatory and Development Authority of India (IRDAI) in this week.
Decks cleared for SBI Life Insurance IPO
Fri, May 12, 2017
State Bank of India (SBI) on Friday said that its Board has approved its initial public offering (IPO) of SBI Life Insurance Company.
SBI to initiate IPO offer of its life insurance arm
Sat, Mar 25, 2017
The bank also said it would explore the possibility of diluting 8 percent of its stake in SBI Life Insurance through IPO offer, out of total 10 per cent offer for sale.
Life Insurers' new premium collection doubles at Rs 16,000 crore in November
Wed, Dec 14, 2016
Bajaj Allianz Life witnessed a rise of 30% in new premium collection at Rs 220.67 crore.
SBI to sell 3.9% stake in life insurance company for Rs 1794 crore
Fri, Dec 09, 2016
SBI said, "An investment vehicle affiliated with KKR-managed funds and an affiliate of Temasek, the Singapore based Investment Company, will each purchase 1.95 crore shares from SBI."