Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.373)

373. 

Which banks signs a bancassurance pact with SBI Life Insurance to offer a comprehensive financial planning solution to its customers?

[A]. Punjab National Bank
[B]. IDBI Bank
[C]. Corporation Bank
[D]. Syndicate Bank

Answer: Option D

Explanation:

Syndicate Bank and SBI Life Insurance signed a bancassurance pact aiming to offer a comprehensive financial planning solution to its customers. The pact was signed between Syndicate Bank MD & CEO, Mrutyunjay Mahapatra and MD and CEO of SBI Life, Sanjeev Nautiyal. Through the pact, Syndicate Bank will provide penetration in the market with its 3,000 branches and SBI Life's diverse range of protection, wealth creation and savings insurance products will be brought to the table to the customers.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.