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VERIFIEDET Markets·positive

SBI Life Q1 results: Profit rises 22% YoY to Rs 720 crore on strong premium growth

AI Summary
  • ·SBI Life Insurance reported a 22% year-over-year rise in June-quarter profit to Rs 720 crore.
  • ·Gross written premium increased by 20%, and the value of new business climbed 29%.
  • ·The insurer also saw higher embedded value and steady growth in assets under management.
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