SBI Life Posts Profit Rise on Retail Product Boost
SBI Life reported a profit rise, citing a boost from high-margin retail products.
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SquawkNews
SBI Life Insurance NSE:SBILIFE reported a rise in quarterly profit on Tuesday, driven by a shift toward higher-margin retail products, even as growth was tempered by a slowdown in its group business.The insurer reported a profit of 5.49 billion rupees ($57.71 million) for the quarter ended Septemb…