Page 4 - Sbi Life Insurance

SBI Life Insurance's offer for sale oversubscribed more than 2 times

At Rs 741 per share, promoter State Bank of India will be able to raise Rs 1,556 crore

SBI to dilute 2.1% stake in SBI Life Insurance via offer for sale

SBI is expected to mop up almost $202 million via the share sale.

MARKET WRAP: Sensex ends 232 pts higher as financials, auto stocks rally

All that happened in the markets today

Market Ahead, May 6: Top Factors That Could Guide Markets Today

Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers

SBI Life reports 8% growth in pre-tax profit for Q4FY20; margin improves

The net profit of the insurer jumped 16 per cent to Rs 531 crore in Q4FY20 from Rs 458 crore because of lower tax provision

Market Ahead, May 5: All You Need To Know Before The Opening Bell

With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by another three months

HDFC Life, SBI Life: Has Chris Wood made a wrong investment call?

The recent Budget 2020 proposals came like a bolt from the blue for the life insurance firms. A knee-jerk reaction saw stocks of private life insurers plunge 6-13 per cent at the bourses on Saturday.

SAT directs Irdai to recalculate unlawful gains in SBI Life Insurance case

In a single premium policy, the premium for the entire policy is collected in advance and agents can get a commission of 2 per cent under the plan

Pricey valuation may not limit upside in SBI Life Insurance stock

Increased business contribution from SBI's branches and lower costs to enable faster growth in earnings

New India Assurance, GIC rally up to 8% as govt may raise FDI limit to 74%

That apart, 37.2 per cent year-on-year (YoY) growth in new premiums between April-November further boosted buying sentiment.

SBI Life slumps 6% as Carlyle Group sells share worth Rs 2,814 crore

The PE firm had acquired the stake in March from BNP Paribas for Rs 5,445 crore

Carlyle Group sells 3% stake in SBI Life in open market for Rs 2,800 cr

The shares were offloaded at an average price of Rs 938.83, valuing the transaction at Rs 2,816.5 crore, the data showed

SBI Life slips 6% after 3% equity changes hands in multiple block deals

Earlier, reports said that Carlyle Group was looking to sell 3 per cent of its stake in SBI Life in the price range Rs 930-940 apiece, a 6-7 per cent discount to Monday's closing price.

SBI Life, ICICI Pru Life to enter MSCI India index. What should you do?

SBI Life touched a life-time high of Rs 1,030 per share on October 30, 2019, while ICICI Pru Life hit a record high on November 8, 2019.

SBI Life Insurance joins Rs 1-trillion m- cap club, stock hits record high

In a note on Tuesday, Morgan Stanley said SBI Life could be among the three stocks that could be included in the MSCI India index.

SBI Life hits new high on strong Q2 results, rallies 10% in two days

SBI Life reported strong growth of 33.3 per cent year-on -year (YoY) and 17.5 per cent YoY in gross written premium (GWP) and new business annualized premium equivalent (APE), respectively in Q2FY20

SBI Life: Street upbeat over sturdy H1FY20; stock hits all-time high

Stock at life high with the potential for further gains after firm posts strong growth in business

Nifty outlook and stock pick by Angel Broking: Buy SBI Life, Sudarshan Chem

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.

SBI Life offer for sale to fetch Rs 3,500 crore; stock falls marginally

Following the share sale, SBI's stake in SBI Life will fall from 62.1 per cent to 57.6 per cent

SBI Life Insurance shares slip 2% as SBI's two-day OFS begins

SBI plans to raise up to Rs 3,465 crore by offloading up to 4.5 per cent stake in SBI Life to comply with the minimum public shareholding norms.