SBI Life Q3 Results: Profit rises 5% YoY to Rs 577 crore; net premium income jumps 22%

SBI Life Q3 Results: SBI Life announced a 5% rise in net profit to Rs 577 crore for the third quarter. Net premium income saw a 22% increase. Growth was driven by industry momentum and higher policy volumes. The company maintained its leadership in individual rated premium. Assets under management grew 16%. The financial position strengthened with a 15% rise in net worth.