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BNP PARIBAS CARDIFF
Canada Pension Board to sell 2% in SBI LifeIf the sale goes through, the fund will likely make as much as 111 per cent returns from its investment in SBI Life in two and half years.- We have time till end Sept 2020 for meeting MPS requirement in SBI Life: Dinesh Kumar Khara, SBIWe have initiated the process on credit card IPO but it is premature to say anything more.
- SBI to sell 4.5% stake in SBI Life for Rs 3,465 croreThe floor price for the share sale has been fixed at Rs 770 per equity share.
- SBI all set to sell 6.6% stake in life insurance armThis helped promoters reduce their stake to 75 per cent from 84 per cent.
- BNP Paribas to sell 2.5 crore shares of SBI Life in OFSIn October 2017, SBI Life listed after a maiden initial public offer at Rs 700 per share.
- SBI Life to open Bahrain branch by DecemberSBI Life is a joint venture between the State Bank of India and the French financial services heavyweight BNP Paribas Cardiff.
- SBI Life is fully funded for next three years: Arijit BasuArijit Basu said SBI Life is growing above industry average at 30 per cent. Will look to bring down ULIPs from 45-50 percent of portfolio.
- ICICI Bank, SBI line up insurance issues; 4 railway units IPOs likely by OctIPOs of 4 of Railways’ units -- RVNL, IRCON, IRCTC and RiTES -- will be launched by October.
- SBI Life gets final approval for IPO from SBI central boardLast Friday, the insurance regulator Irdai approved SBI Life's Rs 7,000 crore IPO application, making it the largest share sale by a life i...
- SBI Life plans to sell 12% through IPOSBI has decided to sell 12 per cent stake in the life insurance venture SBI Life.
- SBI and jt venture partner to offload 10% in SBI Life: Dinesh Kumar KharaThe time of the IPO will in the next financial year and maybe towards September but much of it will depend upon the stock market, says Khar...
- SBI Life set to enter Bahrain in next financial year"We are now waiting for the approval from Central Bank of Bahrain (which also regulates that country's insurance industry) to kick off our ...
- SBI Life aims to grow 35-40%, capture fifth of market: CEO Arijit Basu"In 2014-15, we were on a par with the industry. We narrowed the gap in the past two years. We grew at 38% vs industry growth of 8%."
- SBI in final stages of divesting stake in SBI LifeSBI said it would sell up to 5% of its stake and is in talks with global sovereign wealth funds and strategic investors.
- SBI in talks to sell 5% in life insurance subsidiaryThe process has been kick-started and Information Memorandum, or IMs, have been sent out to prospective buyers.
- Why just policies, buy insurance shares too in 2016Many believe SBI Life may trump HDFC Life in hitting the market with an IPO as they have already hired insurance actuarial consultants.
- SBI hopes to sell stakes in insurance units by year endOn factoring business, Bhattacharya said she sees a wider scope for the segment in the country and is not planning to merge it with the ban...
- SBI Life Insurance aims 35 per cent growth in FY'15SBI Life Insurance, a 74:26 joint venture between State Bank of India and BNP Paribas' Cardiff, is aiming at 35 per cent growth in business.
- BNP Paribas acquires 49.9 pc stake in SHFLFrench banking group BNP Paribas SA on Wednesday said it will acquire 49.9 per cent stake in Sundaram Home Finance Ltd (SHFL) for Rs 196.98...
- SBI Life targets Rs 6,000 cr businessSBI Life Insurance is targeting to double the business to Rs 6,000 crore during the current financial year.
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