Diabytes
HDFC Life Insurance News
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The regulator has already introduced use and file regime for faster product launches and revised the expenses of management and commission guidelines to provide greater flexibility to companies to manage their cost structures.
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The stock of the company jumped 6.66 percent to close at Rs 547.50 apiece on the BSE.
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Exide Life is expected to be merged into HDFC Life.
So far, Exide Industries has invested about Rs 168 crore in its insurance arm.
With the acquisition, HDFC Life Insurance is aiming to increase its customer base.
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