Sovereign Wealth Funds Anchor in SBI Life Insurance Company

Posted on 09/21/2017

SBI Life Insurance Company Limited locked in Rs 2,226 crore (US$ 346 million) from a band of institutional investors. SBI Life is a joint venture between the State Bank of India and BNP Paribas Cardif. SBI Life Insurance sold 31.8 million shares at Rs 700 each. SBI Life is India’s second biggest life insurer in […]

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