Chennai, May 11 Cutting down the penalty recommended by its Adjudicative Officer by Rs 70 lakh, Insurance Regulatory and Development Authority of India (IRDAI) has penalised SBI General Insurance Company Ltd Rs 30 lakh for repeatedly violating Insurance Act and
New Delhi, Aug 19 In a unique initiative, SBI General Insurance launched the first-of-its-kind ‘Shagun’ policy, which enables gifting of personal accident cover. According to the company, the key differentiating feature of the policy is that it can be gifted,
New Delhi, Dec 14 The Competition Commission of India (CCI) has approved acquisition of shares in SBI General Insurance by Napean Opportunities LLP. The proposed combination relates to the acquisition of 16.01 per cent paid up share capital of SBI
Chennai, March 26 India’s largest mortgage lender State Bank of India (SBI) has decided to lower its stakes in its general insurance joint venture to 51 percent and has decided to begin the process, the bank said on Thursday. In
Chennai, Feb 24 Insurance Australia Group (IAG), the foreign joint venture partner in SBI General Insurance, has started talks with the State Bank of India (SBI) for hiking its stakes to 49 percent, said a senior company official Monday. He
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