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Analysts Bet On Better Product Mix, Distribution Channels

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Most analysts retained their ‘buy’ ratings on SBI Life Insurance Co. Ltd. after the fourth quarter, citing improved value of new business margin, expansion of distribution channels and a shift toward higher-margin products such as non-participating and protection.The private insurer saw its quarterly profit rise 26% over the year earlier, beating estimates . Its revenue was up 3% on higher net premiums even as investment income fell. …

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