SBI General Insurance Expands Southern Footprint with New Branch Office in Cochin

SBI General Insurance Company Ltd., one of India's leading general insurance companies, announced the inauguration of its new branch office in Cochin. This strategic expansion is aimed at enhancing customer service capabilities and offering affordable, high-quality insurance solutions tailored to the needs of customers in Cochin and the surrounding regions. The launch marks an important milestone in the Company's continued efforts to deepen its presence across South India.

The office is located at Madathikunnel Complex, Kathrikadavu Junction, Kaloor. This new branch underscores the Company's dedication to enhancing insurance accessibility and providing seamless customer service.

Shri. Naveen Chandra Jha, MD & CEO, SBI General Insurance Company Ltd., inaugurated the branch office in the presence of Smt. Bhuvaneshwari A, Chief General Manager, SBI Thiruvananthapuram Circle, Shri Mohd. Arif Khan, Dy. CEO, SBI General Insurance, Shri Anil Naidu, Regional Head, South 1, SBI General Insurance and Shri Ganesh V M, Dy. Regional Head - South 1, SBI General Insurance along with the General Managers of SBI Thiruvananthapuram Circle, and other dignitaries from State Bank of India and SBI General Insurance Company Ltd.

Speaking at the occasion, Shri Naveen Chandra Jha, MD & CEO, SBI General Insurance Company Ltd., said, "At SBI General Insurance, we are committed to making insurance more approachable, relevant, and accessible to individuals and businesses alike. The inauguration of our Cochin branch is a reflection of this commitment, enabling us to serve the region more efficiently. As Cochin continues to evolve as a key economic and cultural hub in the South, this new office will help us deliver more tailored solutions, deepen customer engagement, and strengthen collaboration with our partners."

With the addition of the Cochin branch, SBI General Insurance further strengthens its distribution and service network in the region. Leveraging the robust SBI General Insurance's ecosystem and a wide network of trusted partners, the new office will function as a regional hub for operations and customer service, delivering the Company's full range of insurance offerings and reinforcing its dedication to serving customers across diverse markets.

Shares of State Bank of India was last trading in BSE at Rs. 800.70 as compared to the previous close of Rs. 795.65. The total number of shares traded during the day was 512346 in over 17454 trades.

The stock hit an intraday high of Rs. 803.65 and intraday low of 795.65. The net turnover during the day was Rs. 410060624.00.

Source : Equity Bulls

Keywords

StateBankofIndia INE062A01020 SBI Expansion NewBranchOffice Cochin