Abhijit Gulanikar
President of Business Strategy, SBI Life Insurance
Notable Quotes
Our penetration in the overall customer base of SBI is only around 2%... that leaves still a very, very large population of customers of 96%.
We continue to be the lowest cost player in the industry, and our cost of acquisition, we don't want to increase as of now.
Our penetration in the Banca channel, in State Bank customers group is less than 2%. So, there is a huge opportunity out there.
We stick to our guidance of, say, 20, around 28% of VNB margin in the coming quarter, this quarter also.