News From Press Life insurer struggles to hold on as its banking major goes bullish to sideways

Life insurer struggles to hold on as its banking major goes bullish to sideways

Source: ET Jun 6, 2023

Expert: Jyoti BudhiaIt is engaged in the business of life insurance and annuity. It was started as a Joint-venture between a public sector bank and a French insurance company. The company offers various products across individual and group categories. Individual policies accounted for 61% of NBP and group policies for the rest ~39% of NBP in FY21. 100754821SBI Life Insurance Company LtdThe RSI has slid below its 70 level, which suggests that...

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