The company has included 262 products in product profitability calculation compared to just 94 products included earlier, which will help increase VNB Macquarie said. VNB is the present value of future earnings from policies issued and reflects the additional earnings expected to be generated through the new policies issued.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,