SBI Life Insurance Company is set to take on the Life Insurance Corporation of India (LIC) head on in the Rs 3,000 crore Employees Deposit Life Insurance (EDLI) scheme segment.
To be launched in the next few weeks, SBI Life will be the first private sector life insurer to receive the green signal from the government for launching an EDLI scheme.
The government had, way back in 1972, allowed insurance companies
