Introduction: SBI Life Insurance company is a private life insurer and having a JV with BNPPC(BNP Paribas subsidiary). SBI life is leveraging its multi channel distribution network to conduct sale of policies.
Date of Establishment: Company was formed in the year 2000.
Product & Service Offering: SBI Life has a portfolio of 37 individual and group products. The product range includes both protection and savings to tackle the insurance needs of customers.
Customer Segment: The company serves retail customers as well as group policies through its distribution network
Promoters of SBI Life: The company is managed by State Bank and BNPPC.
Objects of the Issue: The object of the issue is to
i) leverage the benefits of getting listed on exchanges
ii) providing easy exit to current investors.
Summary of financial Information
||For the year/period ended (in Rs. million)
|Profit After Tax