SBI Life Insurance plans to boost paid-up capital

Extra capital will sustain growth • Birla Sun Life expands capital base • Oriental triples bank deal income

SBI Life Insurance Company Ltd proposes to increase its paid-up capital by another Rs3,000mn by the end of the year to meet its business requirements. Managing director, Mr Uday Shanker Roy, told the press that “We are maintaining a healthy growth and hope to sustain it.”