26th Mar 2010 15:20
The Executive Director, Bombay Stock Exchange Ltd., Listing Department, Phiroze Jeejeebhoy Tower, 25th Floor, Dalal Street, Mumbai - 400 001 LISTING AGREEMENT: CLAUSE 36 COMMENCEMENT OF LIMITED OPERATIONS BY SBI GENERAL INSURANCE COMPANY LTD., A SUBSIDIARY OF STATE BANK OF INDIA
In terms of Clause 36 of the Listing Agreement, we advise that SBI General Insurance Company Ltd., a subsidiary of State Bank of India, has launched its limited operations. Initially, the business will be written within a limited geographical area with a few commercial products. The subsidiary is in the process of setting up its comprehensive IT infrastructure and is expected to commence full scale operations later during the year.
Yours faithfully,
(S.S. Pradhan) General Manager
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