CARDIF, the individual insurance subsidiary of the French bank BNP PARIBAS, has been chosen by STATE BANK OF INDIA (13,000 agencies, 80 million resident and 4 million non-resident customers and 1.5 million business clients) to be its exclusive partner for the sale of individual insurance policies. This insurance activity will take place in the framework of a new company baptised STATE BANK OF INDIA LIFE INSURANCE (74% owned by STATE BANK OF INDIA and 26% by CARDIF). The partnership agreement...