SBI hopes to sell stakes in insurance units by year end

Last Updated: Tuesday, August 11, 2015, 21:55

State-run State Bank of India Tuesday said the valuation process for the stake sale in its insurance units has begun and the transaction is likely to be completed by the end of the year.

SAT may hear SBI Life case against IRDAI this week

Last Updated: Sunday, May 3, 2015, 12:41

The Securities Appellate Tribunal (SAT) has served a notice to Insurance Regulatory and Development Authority of India (IRDAI) in adjudication of a case relating to SBI Life, the life insurance arm of SBI.

SBI looking at selling stakes in insurance subsidiaries

Last Updated: Friday, February 13, 2015, 22:10

State Bank of India Friday said it is keen on selling some of its stake in insurance subsidiaries and is in talks with respective joint ventures for the same.

SBI looking at selling stakes in insurance subsidiaries

Last Updated: Friday, February 13, 2015, 22:10

State Bank of India on Friday said it is keen on selling some of its stake in insurance subsidiaries and is in talks with respective joint ventures for the same.

SBI, Reliance witness steep decline in life insurance premium

Last Updated: Tuesday, April 30, 2013, 18:13

The life insurance industry witnessed a drop of six percent in premium collection during the 2012-13 fiscal, with large private sector insurers like SBI Life and Reliance Life recording a steep fall in premium income.

SBI General Insurance premium soars to Rs 425.47 cr in Apr-Nov

Last Updated: Monday, December 24, 2012, 16:35

SBI General Insurance has garnered premium of Rs 425.47 crore in the first eight months (April-November) of the ongoing financial year, a rise of 219 percent over the same period in the previous fiscal.

SBI Life told to distribute excess payments to policyholders

Last Updated: Sunday, October 7, 2012, 12:34

As per the guidelines, life insurers are not allowed to pay towards management expenses, documentation expenses, profit commission, bulk discount or any other payment to the agent, corporate agent, group organiser or group manager.