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SBI Life may float initial public offer early next year

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MUMBAI: SBI Life may trump HDFC Life to become the first insurer in the country to hit the capital market with an initial public offering (IPO). "SBI Life has appointed actuarial consultants and is likely to list the company early next year," an executive close to the development told ET. SBI Life Insurance, a joint venture between the country's largest lender State Bank of India and BNP...

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