SBI Life cuts reliance on bancassurance as agency channel gains traction
- Posted on July 24, 2026
- By Financial Express
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- 1 min read
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SBI Life cuts reliance on bancassurance as agency channel gains traction
SBI Life Insurance reported a 22% YoY increase in Q1 FY27 net profit to ₹720 crore, supported by a 36% rise in Annualised Premium Equivalent (APE) to ₹5,380 crore.
