Browsing: SBI Life

SBI Life Insurance Company Ltd. has received an income tax penalty and plans to contest the ruling.

The life insurance industry in India experienced robust growth, with assets under management (AUM) reaching Rs. 62 lakh crore in March 2024. This represents a significant increase from Rs. 55 lakh crore in March 2023, according to data from the Insurance Regulatory and Development Authority of India (IRDAI).

Indian stock markets experienced a positive day, with the Sensex and Nifty indices closing higher. Here’s a breakdown of the day’s performance, including top gainers and losers across various sectors.

The Brand Finance Insurance 100 2025 ranking highlights Ping An’s continued dominance and impressive growth for Indian insurers.