SBI Life

SBI to divest up to 4.5% stake in life insurance arm for $487m

The State Bank of India (SBI) has decided to divest up to 4.5% stake in its insurance joint venture SBI…

BNP Paribas Cardif to divest 2.5% stake in SBI Life for $235m

France-based BNP Paribas Cardif is set to divest up to 25 million shares of its Indian insurance joint venture SBI…

Carlyle-GIC plans to buy 10% stake in SBI Life for $740m

American private equity firm Carlyle Group and Singapore-based sovereign wealth fund GIC are set to purchase a 10% stake in…

SBI Life rolls out term insurance plan with in-built critical illness cover

SBI Life Insurance, a joint venture (JV) involving State Bank of India and BNP Paribas Cardif, has rolled out its…