2025-10-16 02:53:47 pm | Source: Motilal Oswal Financial Services ltd
Buy SBI Life Insurance Ltd for the Target Rs. 2,120 by Motilal Oswal Financial Services Ltd
* Growth in the new business premium is expected to remain in single digits.
* Banca channel continues to dominate the APE mix, followed by the Agency channel.
* VNB growth is projected in the single digit, while VNB margin is expected to improve on a YoY basis.
* Outlook on growth in the banca channel, particularly SBI, will be a critical monitorable.
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