Utilize the input text as a context reference, choose the right relationship between Cardif and BNP Paribas from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

SBI has partnered with BNP Paribas Cardif to form the life insurance arm -- SBI Life Insurance -- in which the India bank holds 74 per cent.

Answer: parent_organization