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Sahara India Life Insurance News

14 Jun 2023

'No Tearing Hurry': SAT Stays IRDAI's Order Against Sahara India Life

Staying the IRDAI's June 2 order transferring the life insurance business of Sahara India Life to SBI Life, the SAT said: "... we find it strange that such steps have been taken after a gap of 5 years and that too without granting an opportunity of hearing."

05 Jun 2023

Sahara India Life Merging With SBI Life? Here Is All You Want To Know

This is not a merger between the two companies but only a transfer of the policyholder related assets and liabilities of Sahara Life Insurance to SBI Life, the company said.

31 Jul 2017

SAT stays IRDAI order on Sahara Life for a week

Giving a week's relief to Sahara India Life Insurance (SILIC), the Securities Appellate Tribunal (SAT) today stayed the IRDAI decision to sell the business of the Sahara group company to ICICI Prudential Life Insurance.

24 Jul 2014

Irda fines Sahara India Life Insurance for violating norms

Regulator Irda has imposed Rs 5 lakh penalty on Sahara India Life Insurance Company Ltd for non-compliance of social sector obligations in 2012-13.

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