Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1684)
1684.
With which bank, HDFC ERGO General Insurance Company ties up for offerings non-life insurance to the customers of the Bank?
Axis Bank
Federal Bank
IDBI Bank
Canara Bank
Answer: Option
Explanation:
HDFC ERGO General Insurance Company, India's leading private sector general insurance company, and Federal Bank, announced tie-up for the distribution of HDFC ERGO's range of non-life insurance offerings to the customers of the Bank through its network branches. This Corporate Agency Tie-up offers comprehensive Insurance solutions to customers both digitally and physically, which benefits the customers in many ways. Federal Bank's deep-rooted presence in Southern markets allows the Company to strengthen its foothold within the region.
Discussion:
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