sbi - The Purbottar

01 Jul

Paschim Banga Gramin Bank and SBI Life Insurance join hands

Business Correspondent0 CommentsBusiness, IndiaPaschim Banga Gramin Bank, sbi, west bengal

Paschim Banga Gramin Bank, a leading regional rural bank in West Bengal, has joined hands with SBI Life Insurance, one of the most trusted private life insurers in India, under a bancassurance pact. The tie-up will be beneficial to the residents of West Bengal as they will now have access to a comprehensive range of insurance solutions under the same roof of their trusted banking partner.The partnership will see all the branches of Paschim Banga Gramin Bank across West Bengal offer SBI Life’s range of protection, wealth creation, credit life, annuity and savings products to bank’s customers. The agreement was…

29 Jan

SBI suspends circular on recruitment of pregnant women

editor0 CommentsBusinesssbi

State Bank of India (SBI) has suspended its revised instructions regarding recruitment of pregnant women candidates after criticism by certain section of the media. “In view of the public sentiments, SBI has decided to keep the revised instructions regarding recruitment of pregnant women candidates in abeyance and continue with the existing instructions in the matter,” SBI said in a statement. SBI said it has recently reviewed the various ‘Fitness Standards for Recruitment’ in the bank, including norms for Pregnant Women candidates. “SBI has recently reviewed the various fitness standards for recruitment in the bank, including norms for pregnant women candidates,”…

13 Jan

SBI Life’s Financial Immunity Survey 2.0

editor0 CommentsBusinesscovid, sbi

SBI Life Insurance, has unveiled another comprehensive consumer study, The Financial Immunity Survey 2.0, providing deep insights into consumer’s evolving behavior towards financial preparedness in the post covid world. SBI Life commissioned the survey with NielsenIQ (India), reaching out to 5,000 respondents across 28 key cities covering the length and breadth of India. According to the survey, people find this importance of insurance, 46% purchased Health insurance and 44% purchased Life insurance for the first time during COVID-19. But although Indians feel insurance is important, they still seem to be under insured with as their insurance cover is ~3.8 times…

12 Apr

SBIGI ties up with Uttarbanga Kshetriya Gramin Bank

editor0 CommentsBusinesssbi, sbi general insurance, UttarbangaKshetriyaGramin Bank

SBI General Insurance, one of the leading General Insurance companies in India and UttarbangaKshetriyaGramin Bank, one of the key Banks in North Bengal, signed a Corporate Agency Agreement recently. This association will enable distribution of SBI General’s retail products through Uttarbanga Kshetriya Gramin Bank’s extensive network in the state of West Bengal.Under this strategic tie-up agreement, SBI General Insurance will offer a comprehensive range of general insurance products. Mr. Samir Chhabra, Head - Bancassurance, SBI General Insurance said, “Our alliance with UttarbangaKshetriyaGramin Bank is an important milestone in our journey to further strengthen our distribution of products and clientele in the region.…

19 Mar

The rise in the number of digital transactions at the bank was largely driven by pick up in e-commerce during the pandemic-induced lockdown, which restricted movement, SBI Chairman Dinesh Khara said.

editor0 CommentsNorth Eastbank, ECONOMY, INDIA, sbi

The country’s largest lender State Bank of India has seen a perceptible increase in the number transactions happening at its multiple digital channels, with the percentage moving from 60 per cent in the pre-pandemic period to 67 per cent currently, Chairman Dinesh Khara said. The rise in the number of digital transactions at the bank was largely driven by pick up in e-commerce during the pandemic-induced lockdown, which restricted movement, he said. “When e-commerce picked up, it was actually the digital channels we are offering that got wider currency and acceptability. That is one of the reasons our digital transactions have…

09 Dec

SBI Life Smart Future Choices savings plan

editor0 CommentsBusinesssbi

A power-packed 'SBI Life-Smart Future Choices’ savings product has been launched by SBI Life Insurance. In tandem with their customer-centric approach, SBI Life through ‘Smart Future Choices’ seeks to give its consumers the autonomy to shape their life insurance policy as per their needs, right from the very start of the policy and throughout their policy term too, enabling them to effectively carve their future plans. Tapping into the rising consumer awareness on the need for insurance, the individual, non-linked, participating life insurance savings plan empowers consumers with the ‘Power to Choose’ various options and benefits as per their changing…

05 Oct

Survey: Financial Immunity in post-COVID world

editor0 CommentsBusinesssbi

Guwahati, October 2020: SBI Life Insurance unveiled a comprehensive consumer survey, providing deep insights into consumer predispositions towards Financial Immunity in a post-COVID world. SBI Life commissioned the ‘Understanding consumer attitude towards Financial Immunity’ survey with The Nielsen Company, reaching out to over 2,400 consumers across 13 key cities. Understandably, in the wake of COVID-19, maintaining personal physical immunity has been on the fore. In fact, 8 out of 10 Indians are aware that ‘stress’ lowers mental and physical immunity. The survey attempts to better understand the cause of stress, by enquiring about the top financial worries of the consumer…