Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 2115)

2017-05-23 Banking

2115.

Which bank signs MoU with LIC of India for selling life insurance products?

Bank of Baroda

Karnataka Bank

Yes Bank

Indian Overseas Bank

Answer: Option

Explanation:

Karnataka Bank Limited entered into a Memorandum of Understanding (MoU) with Life Insurance Corporation (LIC) of India for selling life insurance products. With this MoU, the bank provides the vast choice of life insurance products to its customers across all its 769 branches.