Promoters of Birla Sun Life Insurance (BSLI) will infuse additional Rs 20 crore capital into the life joint venture bringing the total share capital to Rs 200 crore in the next couple of weeks. Aiming at a growth rate of 165 per cent in new business income to Rs 450 crore this fiscal, BSLI proposes to expand its distribution reach by adding another 11 branches in 11 cities in 2003-04.
Ninety-five per cent of BSLI
