Net Profit: SBI Life Q1 net profit rises 45 per cent to Rs 381 crore – Times of India

[ad_1] NEW DELHI: SBI Life Insurance on Tuesday reported a 45 per cent increase in net profit at Rs 381 crore for the June quarter. The private sector life insurer, promoted by country’s largest lender SBI, had posted a net profit of Rs 263 crore during the April-June period of 2022-23.The company’s gross written premium … Read more

‘No Tearing Hurry’: SAT Stays IRDAI’s Order To Transfer Sahara India Life Biz To SBI Life Insurance

[ad_1] Chennai: The Securities Appellate Tribunal (SAT) on Wednesday said there was “no tearing hurry” for the Insurance Regulatory and Development Authority of India (IRDAI) to order the transfer of life insurance business of Sahara India Life Insurance Company Ltd to SBI Life Insurance Company Ltd. Staying the IRDAI’s June 2 order transferring the … Read more