SBI Life is looking at reporting over 100% growth in new business in the first quarter of 2008-09 over the same period last fiscal, when the size of the new business amounted to Rs 426 crore.
SBI Life, in West Bengal, is all set to undertake new business worth Rs 580 crore in the current fiscal, up from Rs 300 crore in 2007-08. At the national level, SBI Life is expecting to achieve Rs 8,500 crore of new business and a total business of Rs 10,500 crore in the current fiscal. SBI Life is planning to add around 250 new offices in 2008-09 to the present network of 187 offices across the country. The company''s assets under management stood at 10,493 crore as on March 31, 2008.
SBI Life, in West Bengal, is all set to undertake new business worth Rs 580 crore in the current fiscal, up from Rs 300 crore in 2007-08. At the national level, SBI Life is expecting to achieve Rs 8,500 crore of new business and a total business of Rs 10,500 crore in the current fiscal. SBI Life is planning to add around 250 new offices in 2008-09 to the present network of 187 offices across the country. The company''s assets under management stood at 10,493 crore as on March 31, 2008.
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