The Nifty Bank closed 91 points higher at 24,328

New business premium grew 20% YoY to Rs 1394 crore, led by 23% YoY increase in individual rated business to Rs 474 crore and 19% YoY increase in group new business to Rs 900 crore. Shareholder’s PAT was at Rs 171 crore vs. Rs 198 crore in Q4FY17, due to higher expenses..

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