ff KMB witnessed a robust performance in profitability in its financial services and life insurance business subsidiaries. Notably, the Bank owns 100% stake in these subsidiaries. For the first time, the Bank disclosed the Embedded Value of its life insurance business to Rs58.2bn; which is relatively higher than the street expectations. ff Credit costs including standard assets provisioning stood at 61bps in FY18 compared to 56bps in FY17. Additionally, the Management guided the credit cost to trend down further in FY19. With major contribution from Business Banking, SME and Retail segment, the Bank expects loan growth of over 20% in FY19....