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What Helped SBI Life Outgrow HDFC Life, ICICI Prudential In First Half Of 2019-20
The insurance arm of India’s largest lender grew faster than listed private peers in the first six months of the ongoing fiscal.
17 Jan 2020, 08:53 AM IST
The insurance arm of India’s largest lender saw its new business premium grow more than its private listed peers in the first six months of the ongoing fiscal.Brokerages expect SBI Life Insurance Co. Ltd. to sustain its performance as it diversifies into newer segments and leverages its bancassurance channel with State Bank of India, among other factors.Shares of SBI Life rose nearly 61 percent in the past 12 months as investors bet ...
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