Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.75)

75. 

Which bank has signed a bancassurance agreement with Aditya Birla Health Insurance Co Ltd (ABHICL) to provide Aditya Birla's suite of insurance products to its customers?

[A]. Yes Bank
[B]. Axis Bank
[C]. Yes Bank
[D]. HDFC Bank

Answer: Option B

Explanation:

The 3rd -largest of the private-sector lender, Axis Bank has signed a bancassurance agreement with stand alone health insurer, Aditya Birla Health Insurance Co Ltd (ABHICL) to provide Aditya Birla's suite of insurance products to its customers. Aditya Birla's products will now be available in Axis Bank customer base across its 4,094 branches and digital channels. Through this partnership, Aditya Birla will deepen the penetration of its product offers and enable more customers in Metro, Urban and Rural areas to access their risk solutions anytime, anywhere.

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