HDFC Life posts 14% sequential rise in Q4 standalone PAT to ₹359 cr, declares dividend

At HDFC Life, there has been an increase in protection share in total NBP from 24% in FY22 to 29% in FY23. Overall protection APE grew by about 20% in FY23. Retail protection trends remain encouraging with sequential growth being over 50% and YoY growth being over 40% in Q4.

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