Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 715)
715.
With which company, HDFC ERGO entered Bancassurance Corporate Agency Agreement?
Bajaj Capital Limited
Birla Global Finance
Muthoottu Mini Financiers
L & T Finance Limited
Answer: Option
Explanation:
India's leading private sector general insurance company, HDFC ERGO General Insurance Company entered into a corporate agency partnership with Kerala based Muthoottu Mini Financiers Limited, a non-deposit taking systemically important NBFC(Non-Banking Financial Company) to provide comprehensive general insurance for the customers through its network branches. The association with Muthoottu Mini Financiers Ltd. is a milestone in our growth strategy. Their network will help us establish our grip, especially in the southern part of our country.
Discussion:
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