We are very pleased with the fact that the FDI rules have changed, and that we now have the option. We’re looking to spend greater time understanding the market and opportunity. The team has confidence in their ability to double the VNB (value of new business) from 2019 levels by the end of the next financial year.
Nilesh Shah on why you should never predict the market
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.