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Net Interest Income (NII) is expected to increase by 14.2 percent Y-o-Y (down 0.8 percent Q-o-Q) to Rs. 5,285.7 crore, according to Motilal Oswal.
Net Interest Income (NII) is expected to increase by 16.1 percent Y-o-Y (down 55.1 percent Q-o-Q) to Rs. 3,193 crore, according to Motilal Oswal.
Max Financial's life insurance business continued to do well with overall annual premium equivalent (APE) growth was 22 percent YoY.
Max Life valuation currently stands at Ra 16,000-17,000 crore, while the embedded value stands at Rs 5,323 crore, Rahul Khosla, MD, Max India says
Deputy managing director Mohit Talwar of Max India said that profits for the life insurance business have increased 8 times and AUMs has increased 20% for the same business. Talwar expects Rs 516 crore from the Max Healthcare stake sale. He also stated that the liquidity position of Max group is very healthy.