Axis Bank to Buy 17% Instead of 29% in Max Life Insurance JV Pact
On Monday, the country’s third-largest private sector lender, Axis Bank announced that it would acquire 17% stake in Max Life Insurance, instead of 29% as...
Tag : SBI Life insurance
Axis Bank, Max Life Insurance Tweak Insurance JV Pact
Axis Bank, Max Life Insurance deal has moved a step closer to accomplish the objectives of both the firms and to remove the clauses that occurred...
SBI Life Insurance Net Profit Rises by 5% to Rs 390 Cr in Q1 FY21
SBI Life Insurance on Tuesday, reported a 5% year-on-year (YoY) increase in the net profit of Rs 390.89 crore for the June quarter. It had reported...
SBI Life Insurance Net Profit Rises 11% To Rs. 293 Crores
SBI Life Insurance Company reported a net profit of Rs 250.53 crores, posting an 11 per cent rise in the second quarter ended September of...
SBI Life Insurance has posted a hike of 5% in its PAT at Rs 428 crore for H1
A marginal growth of 4.94 percent has been reported by the SBI Life Insurance, a private insurer, in its Profit After Tax (PAT) at Rs...
SBI Life Insurance expects 30-40% growth in new biz premium
According to a top company official, SBI Life Insurance has been eyeing a growth of 30-40 percent in the new business premium in 2016-17. The...
SBI gets the consent to divest 10% stake in SBI Life Insurance
The country’s largest lender, State Bank of India on Tuesday said that it had received the approval for divestment of its stake up to 10...