insurance co. ltd type joint venture industry insurance founded march 2001 1 headquarters mumbai india key people mr. arijit basu md & ceo products life insurance pensions owner sbi bnp paribas number of employees 7 335 on roll employees and 96 000 agents website sbi life sbi life insurance is a joint venture life insurance company between state bank of india sbi the largest state owned banking and financial services company in india and bnp paribas cardiff . bnp paribas is a french multinational bank and financial services company with global headquarters in paris . sbi owns 74 % of the total capital and bnp paribas cardiff the remaining 26 % of the capital . sbi life insurance has an authorized capital of 20 billion us 300 million and a paid up capital of 10 billion us 150 million . in 2007 crisil ltd a subsidiary of global rating agency standard & poor s gave the company a aaa stable p1 rating . 2 3 history edit sbi life insurance is private company sbi life started as a joint venture with bnp paribas in 2001 . while in its initial stage its business was mainly from bancassurance channel now it is developing its own agency team for selling its life insurance products . references edit products by sbi life insurance regulatory and development authority irda website . sbi life insurance gets top rating . mint . 1 october 2007 . india s sbi life insurance rated aaa on parental support crisil . forbes . 09.17.07 . check date values in date help external links edit sbi life s official website sbi life s epolicy official website v t e insurance in india companies agriculture agriculture insurance company of india general bajaj allianz cholamandalam ms general insurance corporation of india hdfc ergo icici lombard national insurance new india assurance oriental insurance reliance tata aig united india shriram general insurance co. ltd. health employees state insurance esi max bupa star health life aviva india aegon religare bajaj allianz hdfc life icici prudential life insurance idbi federal life insurance indiafirst life insurance company exide life insurance previously ing vyas life india lic max life peerless group reliance sbi life sun life financial shriram life insurance co. ltd. insurance repository cdsl nsdl other insurance repository in india cisr insurance institute of india insurance regulatory and development authority irda policybazaar india rashtriya swasthya bima yojana category retrieved from https en.wikipedia.org w index.php title sbi life insurance company & oldid 725044016 categories companies established in 2001companies based in mumbaibnp paribasstate bank of indialife insurance companies of indiahidden categories cs1 errors datesengvarb from january 2014use dmy dates from january 2014 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 13 june 2016 at 06 05 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view