SBI Life Insurance Company

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Company type	Public
Traded as	BSE: 540719 NSE: SBILIFE NSE NIFTY 50 constituent
Industry	Financial services
Founded	March 2001[1]
Headquarters	Mumbai, India
Area served	Worldwide
Key people	Mr. Amit Jhigran (MD & CEO)
Products	Life insurance Term life insurance Unit-linked insurance plan Endowment policy Money-back policy Whole life insurance Retirement plans
Revenue	₹80,686 crore (US$9.5 billion)[2] (2023)
Operating income	₹2,004 crore (US$240 million)[2] (2023)
Net income	₹1,721 crore (US$200 million)[2] (2023)
Total assets	₹353,422 crore (US$42 billion)[2] (2024)
Total equity	₹13,017 crore (US$1.5 billion)[2] (2023)
Owner	State Bank Of India
Number of employees	18,000 (2023)
Website	SBI Life

SBI Life Insurance Company Limited[3] is an Indian life insurance company. It was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif.

In 2007, CRISIL Limited, a subsidiary of global rating agency Standard & Poor's, gave the company a AAA/Stable/P1+ rating.[4][5] SBI Life is listed on BSE And NSE (Stock Exchanges in India) and is a life insurance company in India.[6]

The company incorporated in Mumbai on 11 October 2000.[6] SBI Life started as a joint venture with BNP Cardif S.A in 2001.[6] In its initial stage its business was mainly from bancassurance channel.[citation needed]

• SBI Life's official website

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