In comparison, HDFC Life reported a reported strong APE growth of 73 per cent YoY to Rs 680 crore in June 2019.
On Thursday, the RBI released the results of the March 2019 round, along with the summary time series data since March 2015.
“SBI will continue to lead the PSB pack in terms of growth and other operating metrics.
The hike in customs duties on certain imported products will increase the competitiveness of domestic producers.
Bank of Baroda too announced a token rate cut by reducing its MCLR by 5 to 10 basis points.
The rupee fell against the dollar as the greenback strengthened post Friday's upbeat US non-farm payroll data.
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