India's SBI Life posts quarterly profit rise on boost from renewed policies
24/07/2025 10:53
July 24 (Reuters) - India's SBI Life Insurance Company SBIL.NS posted a rise in first-quarter profit on Thursday, aided by healthy premium from policy renewals. The firm's profit rose 14% to 5.94 billion rupees ($68.75 million) for the quarter ended June 30 from 5.20 billion rupees a year earlier. ($1 = 86.3950 Indian rupees) (Reporting by Nishit Navin; Editing by Mrigank Dhaniwala) ((Nishit.Navin@thomsonreuters.com;))
Recent news on Sbi Life Insurance
See all newsExplainer: India's insurance overhaul: What changes and why it matters
PB Fintech, banks tumble as India's insurance reform plan threatens distribution income
PB Fintech's $3 billion rout leads Indian insurance sector's slump on commission-cap plan (updated)
India's insurance plan drags Policybazaar parent, lenders on distribution business hit
India Stocks: Indian shares post longest weekly losing streak in six years on oil, rate worries