ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

SBI Life Insurance to raise $1.3 billion from India IPO

HDFC Life, ICICI Lombard among other insurers set to sell shares

MUMBAI (NewsRise) -- India's SBI Life Insurance Co. plans to raise as much as 84 billion rupees ($1.30 billion) this month in what could be the largest initial public offering in the south Asian nation in seven years.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more