Wednesday 22 April 2015

SBI Life appeals against regulator’s order for Rs.275 crore refund

Chennai : Private life insurer SBI Life Insurance Company Ltd has appealed to the Securities Appellate Tribunal (SAT) against the sectoral regulator’s orders to refund around Rs.275.29 crore to its policy holders, said a senior official in the regulator’s office. “SBI Life has preferred an appeal to SAT. SBI Life has informed of their filing appeal with SAT vide their...
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