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India's HDFC Life posts higher quarterly profit on group insurance demand
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India's HDFC Life Insurance 
HDFCLIFE reported a 14% year-on-year rise in first-quarter profit on Tuesday, driven by strong demand for its group policies.
The insurer's profit rose to 5.46 billion rupees ($63.63 million) for the three months ended June 30, with net premium income rising nearly 16%.
($1 = 85.8110 Indian rupees)
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