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According to a top company official, SBI Life Insurance has been eyeing a growth of 30-40 percent in the new business premium in 2016-17.
The Managing Director and CEO of company Arijit Basu has said that “We are targeting to achieve 30-40 percent growth in new business premium in the current fiscal and intending to grow by 25-26 percent in the gross total premium including new and old.”
He further said that the life insurer will remain focused on banking and agency channel to achieve the growth.
