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SBI Life Insurance Q3 Results Review - VNB Above Estimates; Margins Contract 40bp YoY: Motilal Oswal

The decline in margin is primarily on account of change in product mix.

<div class="paragraphs"><p>An insurer looking at  life-insurance contract paper. (Source:&nbsp;freepik)</p></div>
An insurer looking at life-insurance contract paper. (Source: freepik)
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