News From Press SBI Life Insurance's net profit more than doubles to Rs 299 crore

SBI Life Insurance's net profit more than doubles to Rs 299 crore

In the first half of the financial year (FY21), net profit of the insurer was up 38 per cent to Rs 690 crore over the same period a year ago

BS Oct 27, 2020

SBI Life Insurance’s net profit more than doubled to nearly Rs 299 crore in the first quarter of this financial year, from Rs 129.84 crore in the year-ago period, on the back of higher net premiums and investment income.

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

IRDAI brings life, health insurance down to the grassroots level

How to overcome financial loss

Crypto hype to continue but you need to ask: Can the lure of quick money control your financial decisions?

45 million and counting: The unique rise of mutual fund investor

Mutual Funds: With markets on a decline, is this the time to rebalance your portfolio?

Irdai directs cos to meet social sector obligations

Mutual Funds: New KYC norms for investors take effect from 2024-25; here’s what you need to know

Investors have shifted from small & midcaps to flexi, multi, thematic funds

Spike in SIP churn as investors rebalance; registrations rose 48% in April

Front-running, insider trading: Amfi rulebook to curb misconduct in a month

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

How many seats will the BJP led NDA win in 2024 Lok Sabha election?

351 or above

276 to 350

201 to 275

200 or below

EVENTS FORUMS