SBI Update by Epic Research

SBI General Insurance, the general insurance arm of the State Bank of India, is planning to raise Rs 350 crore from its shareholders to finance its expansion plans in FY15. Moreover, the company is targeting 90% growth in premium to over Rs 2,000 crore. Earlier, the company’s gross underwritten premium collection increased to Rs 1,200 crore in FY14 from Rs 771 crore in FY13.



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Posted in: Indian Market Tips