2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Max Life Insurance
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SBI Life Insurance
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Bharti AXA General Insurance
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HDFC Life
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Detailed explanation-1: -NEW DELHI: BNP Paribas Cardif on Friday sold over 5 crore shares in SBI Life Insurance for an undisclosed amount through the open market sale, bringing its shareholding to less than 1 per cent in the insurer.
Detailed explanation-2: -SBI Life is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake.
Detailed explanation-3: -BNP Paribas SA - Buy Zacks’ proprietary data indicates that BNP Paribas SA is currently rated as a Zacks Rank 1 and we are expecting an above average return from the BNPQY shares relative to the market in the next few months.