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Number of employees. 18,000 (2023) Website. Sbi Life. SBI Life Insurance Company Limited [3] is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake.
Total equity. ₹12,990 crore (US$1.6 billion) [2] (2023) Parent. HDFC Bank (50.39%) [3] Website. www .hdfclife .com. HDFC Life Insurance Company Limited ( d/b/a HDFC Life) [4] is a long-term life insurance provider headquartered in Mumbai, offering individual and group insurance services. The company was incorporated on 14 August 2000.
State Bank of India ( SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 45th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. [11]
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
On May 17, WestEnd Films co-founder Sharon Harel-Cohen organized a screening of “Bearing Witness” for a small group of industryites who were in town for the festival. The 47-minute film shows ...
The Sweetest Memories. Few places were as magical for a child than the candy aisle. Whether you surveyed your options at a general store with colorful penny candy or a convenience store with ...
Lottery bids for highly educated worker visas plunged nearly 40% this year, authorities said Tuesday, claiming success against people who were “gaming the system” by submitting multiple ...
a request for insurance or an application for it. Age-verifying KYC documents such as proofs of identity and addresses, etc. Tax benefits. Investments in unit-linked insurance plans are eligible for tax benefit up to a maximum of Rs 1.5 lacs under Section 80C of the Income Tax Act. Maturity proceeds are also exempt from income tax.
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