BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was launched in-?
A
February 2004
B
June 2008
C
September 2006
D
May 2012
Explanation: 

Detailed explanation-1: -Established in 2008, Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited is a joint venture between Canara Bank (51%), HSBC Insurance (Asia Pacific) Holdings Limited (26%) and Punjab National Bank (23%).

Detailed explanation-2: -Canara HSBC Life Insurance launched its’Canara HSBC Life Insurance App’ on the 75th Independence Day of India. The app, available on android, iOS devices and web portal, offers access to policy details, the option to receive timely alerts, pay the premium, and track fund value among others.

Detailed explanation-3: -Head Office 139 P, Sector-44, Gurugram-122003, Haryana, India.

There is 1 question to complete.