Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 1592)
1592.
Name the bank which has signed an MoU with Bharti AXA Life Insurance Company for Insurance Products recently?
Axis Bank
Karnataka Bank
Canara Bank
Punjab National Bank
Answer: Option
Explanation:
Karnataka Bank has entered into an MoU with Bharti AXA Life Insurance Company to distribute the latter's life insurance products. The bank will be able to provide a wide choice of life insurance products to its customers across 836 branches, supported by the products of Bharti AXA Life Insurance Company. This is the third such tie-up by the bank after PNB MetLife Life Insurance Company and LIC of India, both of which continue to provide insurance solutions to the customers of Karnataka Bank.
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