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The Latest Breaking News from SBI Life

BCCI signs Rs 130 crore-plus deals with Campa, SBI Life, ChatGPT for India home cricket

The BCCI on Tuesday announced Campa, SBI Life and ChatGPT as associate partners for India’s home cricket season under deals worth more than Rs 130 crore combined. The partnerships cover 35 bilateral matches through March 2028 and represent a 44% increase over the previous cycle, highlighting the growing commercial value…

The Economic Times

LIC, HDFC Life, other stocks rise up to 3% as Aug new business premium jumps 33% YoY. What Nuvama, others are saying

Life insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led by a sharp rise in group single-premium business. LIC posted more than 45% growth, while SBI Life and HDFC Life saw stronger retail-weighted premium growth.

The Economic Times

Rs 15 lakh fraud money credited to senior citizen’s account, police wanted to question him; HC grants anticipatory bail on this ground

Criminals deposited Rs 15 lakh in senior citizen’s bank a/c; police wants to question him; HC grants anticipatory bail and observes mere deposit of crime money in a/c insufficient to conclude he was knowingly involved in the crime

The Economic Times

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SBI Life partners with J&K Bank to offer insurance solutions across India

SBI Life and J&K Bank have partnered to offer comprehensive life insurance solutions. Over one thousand J&K Bank branches will now provide SBI Life's diverse insurance plans. This alliance aims to enhance financial security and expand coverage across India. The collaboration strengthens customer-centric approaches and delivers greater value to clients.…

The Economic Times

SBI Life Q1 results: Profit rises 22% YoY to Rs 720 crore on strong premium growth

SBI Life Insurance reported a 22% YoY rise in June-quarter profit to Rs 720 crore, driven by robust growth in new business and renewal premiums. Gross written premium rose 20%, while value of new business climbed 29%. The insurer also reported higher embedded value, improved persistency and steady growth in…

The Economic Times

Stocks in news: Infosys, Cipla, Meesho, Suzlon Energy, IndiGo, NTPC

Markets extended their losing streak for a fourth consecutive session. Infosys reported a 12% year-on-year profit growth in its first quarter. Cipla's net profit fell 39% due to weakness in its North America business. IndiGo reported a loss of Rs 238 crore in its first quarter. Several other companies will…

The Economic Times

BCCI announces SBI Life as official partner for BCCI Domestic, International season

The BCCI announced SBI Life as one of the official partners for the BCCI Domestic and International Season 2023-2026; signed a 3-year deal for the partnership beginning with the three-match ODI series against Australia starting on September 22.

The Hindu

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Life insurers' new business premium up 17% at Rs 36,367 crore in September: Irdai

NEW DELHI: The new business premium income of domestic life insurance companies rose by 17.3 per cent to Rs 36,366.53 crore in September of this fiscal year, data from Irdai showed on Tuesday.

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