Kotak Mahindra Capital, Citigroup and the investment banking arm of BNP Paribas will help BNP Paribas Cardif run a process to sell part of its stake in SBI Life Insurance. Photo: Reuters

SBI Life Q2 net profit jumps over two-fold to ₹300 cr

1 min read. 26 Oct 2020Edited By J. Jagannath

• Total income rose 45% to ₹18,458 crore during July-September period
• Net premium income increased 22% to ₹12,858 cr

New Delhi: SBI Life Insurance Co Ltd (SBI Life) on Monday reported over two-fold jump in net profit at ₹300 crore for the second quarter ended 30 September, 2020.

The life insurer had posted a net profit of ₹130 crore in the same quarter a year ago.