BANKING AFFAIRS

Detailed explanation-1: -This partnership would enable diverse customers of AU Small Finance Bank to access the entire range of life insurance products offered by HDFC Life, thus fulfilling their need for financial protection.

Detailed explanation-2: -HDFC Life distributes its products through a multi-channel network consisting of Insurance agents, Bancassurance partners (HDFC Bank, Saraswat Bank, RBL Bank), a Direct channel, Insurance Brokers, MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), etc.

Detailed explanation-3: -ICICI Lombard enters into bancassurance tie-up with AU Small Finance Bank | Business Standard News.

Detailed explanation-4: -The partnerships comprise 270 bancassurance partners including NBFCs (Non-Banking Financial Companies), MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), etc.

Detailed explanation-5: -Uco Bank as Corporate Agent In Bancassurance-Non-life Business, the Bank is a Corporate for Two General Insurance Companies under Corporate Agency tie-up arrangement and selling Insurance Products for these two Insurance Companies. These Companies are as mentioned below : Future Generali India Insurance Co.