SBI Life Insurance

Private sector Karur Vysya Bank has inked a pact with SBI Life Insurance to offer their insurance products to customers at its branches, the bank said on Tuesday. The Tamil Nadu-based bank offers a range of financial services through similar tie-ups with leading service providers. "In an attempt to offer a wider choice to customers in the life insurance sphere, KVB has inked an agreement with SBI Life." the Managing Director and CEO of the bank B Ramesh Babu said. "I am sure that together both of us will be able to provide not just choice but quality options to the customers in the days to come," he said. On the tie-up with Karur Vysya Bank, SBI Life Insurance MD and CEO Mahesh Kumar Sharma, "we look forward to strengthening the financial immunity of Karur Vysya Bank's customers with our life insurance solutions and tech-enabled services." "We are confident that the partnership will further enable us to expand the insurance market across the bank's presence in the country," he add

Stocks to Watch: Shares of Axis Bank, Canara Bank, IDBI, Jindal Stainless and Tata Communications will be in focus ahead of Q3 results on Monday.

Private sector SBI Life Insurance on Saturday reported more than 16 per cent decline in net profit at Rs 304 crore in the third quarter ended December 2022

On the broader market outlook, the technical & derivative analyst from HDFC Securities expects the near term trend on the Nifty to remain bearish as long as the index stays below 18,141.

India's SBI Life Insurance Co reported a 53% jump in second-quarter profit on Friday, helped by a rise in premiums and as its value of new business grew

The company displayed a strong show in Q1FY23 with 80 per cent YoY growth in APE along with a sharp jump of 132 per cent YoY in VNB.

Its VNB margins - a measure of profitability of life insurers - stood at 30.4 per cent, against 23.7 per cent in the year-ago period

Rather than simply putting up hoardings and banners or setting up stalls, companies are going for innovative ways to strike a chord with their target audience in small towns and villages

In April, the industry earned NBP to the tune of Rs 17,939 crore, compared with Rs 9,739 crore in the year-ago period

The 13th month persistency stood at 88.35 per cent in FY22 versus 87.92 per cent in FY21

SBI Life Insurance (SBI Life) on Thursday reported a 26.3 per cent rise in its net profit at Rs 672 crore for quarter ended March 2022.

According to reports, Canada Pension Fund was to sell its 0.56 per cent stake in the company in a price band of Rs 1,039 - Rs 1,077

SBI Life Insurance Company (SBI Life) on Monday said its promoter BNP Paribas Cardif, holding 0.2 per cent share capital, has requested to be reclassified as a public shareholder

According to an analysis of its initial public offer (IPO) filings by Swiss brokerage Credit Suisse, SBI Life, ICICI Prudential, HDFC Life and Max Life will face the maximum impact of the LIC move

After the rebound in November '21, LIC's growth in retail in December '21 slowed, and was materially lower than the private sector

Axis Bank, HDFC AMC, Indian Energy Exchange, SBI Cards, Shriram Transport Finance, Steel Strips Wheels, and Zensar Technologies to announce results today.

Having emerged from the pandemic largely unscathed, the sector is set to benefit from an unprecedented pick-up in demand. Where it goes from here, however, depends on its ability to innovate

SBI Life is the best play to ride the upturn in the insurance sector, analysts say

Shares of SBI Life on Wednesday closed at Rs 1,183.95 apiece on the BSE, up 1.05 per cent from the previous close

The broader markets may swing to the global cues, while individual stocks are likely to react to corporate earnings and company specific developments in trade today