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IDBI Federal Life, a three way joint venture between IDBI Bank, Federal Bank and Ageas, a Europe based insurance multinational, posted its best ever results last financial year. It declared a net profit of 101 crore, a growth of 94% over FY17, marking the sixth consecutive year of profit. Vighnesh Shahane, CEO and whole time director, IDBI Federal Life Insurance, says that this speaks of the strong culture of the organisation which encourages quick decisions, provides accessibility to senior management, an apolitical work environment, employee friendly policies and open, honest conversations across hierarchy.

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