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SBI Life to operate its banking network

SBI Life Insurance Company Ltd. is concentrating on improving business in the rural and the semi-urban areas. It plans to operate its life insurance business from State Bank of India (SBI) branches.

Apnainsurance.com Research Bureau

02 Sep 2008

State bank of India (SBI) Life Insurance Company Ltd. is concentrating on its insurance business in the rural and the semi-urban areas. It plans to operate its life insurance business from State Bank of India (SBI) branches.

SBI has 7,000 branches in these areas, which is around 50 per cent of its network across the country. They also plan to increase the number of insurance agents to be posted in these branches.