PNB MetLife FY’14 profits up 78%

PNB MetLife FY’14 profits up 78%

FPJ BureauUpdated: Saturday, June 01, 2019, 12:50 PM IST
article-image

Mumbai :  Private sector player PNB MetLife India (PNB MetLife) reported a 78% growth in net profit at Rs 192 crore for 2013-14 on the back of operational efficiencies and higher sales from long-term regular premium products. This is the fourth consecutive year of the company, which is ranked amongst top 10 private players, declaring profits.

The adjusted new business premium stood at Rs 587 crore in 2013-14 compared to Rs 572 crore in 2012-13.

RECENT STORIES

SEBI Board Meet: Asset Disclosure Norms, Mutual Fund And Broker Rule Overhaul On Agenda

SEBI Board Meet: Asset Disclosure Norms, Mutual Fund And Broker Rule Overhaul On Agenda

India Adds 2,361 MW Biomass Power Capacity In 10 Years Under National Bioenergy Push: Govt

India Adds 2,361 MW Biomass Power Capacity In 10 Years Under National Bioenergy Push: Govt

Indian Rupee Likely To Bounce Back Strongly In H2 Of Next Fiscal Despite Global Pressures: SBI...

Indian Rupee Likely To Bounce Back Strongly In H2 Of Next Fiscal Despite Global Pressures: SBI...

GCCs To Dominate India’s Office Market, Driving 40% Demand in 2025

GCCs To Dominate India’s Office Market, Driving 40% Demand in 2025

SBI Reappoints Ashwini Kumar Tewari As MD For Two More Years

SBI Reappoints Ashwini Kumar Tewari As MD For Two More Years