Thursday, July 24, 2008

SBI LIFE Q1 NET UP 241% AT RS 972 CRORE

SBI Life Insurance Company Limited has reported that the New Business Annualised Premium Equivalent (APE), a standard measure in the Industry that takes Single Premium Income at 10 per cent, has grown by 241 per cent to Rs 972 crore. The total premium of the company grew by 169 per cent to Rs 1,387 crore.
Source: The Pioneer, Business Standard

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