SBI Life Insurance Company Limited
SBI Life Insurance Company Ltd is engaged in the business of life insurance and annuity. It was started as a Joint-venture between State Bank of India and BNP Paribas Cardif S.A.
What SBI files
- Others59
- Investor Meet46
- Updates27
- Important20
- Board Meeting12
- QIP/Rights/Pref.9
SBI Life Insurance has reappointed M/s. K S Aiyar & Co. and M/s. J Singh & Associates as joint statutory auditors for the upcoming financial year, ensuring continued audit and assurance oversight.
SBI Life reports strong Q1 performance with PAT up 22% to 720 Cr. APE jumped 36% to 5,380 Cr, and VoNB grew 29% to 1,410 Cr with a 26.2% margin. AuM expanded 10% to 5.25 lakh Cr, alongside improved persistency and robust 1.96x solvency.
SBI Life Board approved the 26th Annual General Meeting (AGM) for August 14, to be held virtually. Further AGM details will be shared. Important governance update for shareholders.
SBI Life has cancelled its participation in two upcoming investor/analyst conferences hosted by Citi and ICICI Securities, citing exigency. This might limit direct investor engagement opportunities.
SBI Life received an order confirming a GST tax demand of Rs. 6,19,497 and interest of Rs. 3,80,989. The company plans to appeal, noting no adverse material financial impact.