Private life insurance Company Canara HSBC Oriental Bank of Commerce Life Insurance has entered into an alliance with the Kerala based.....for marketing various life insurance products.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Private life insurance Company Canara HSBC Oriental Bank of Commerce Life Insurance has entered into an alliance with the Kerala based____for marketing various life insurance products.

A	Dhanlaxmi Bank
B	Kotak Mahindra Bank
C	South Indian Bank
D	Vijaya Bank

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: -In Canara HSBC OBC Life, Canara Bank has holding of 51 per cent while HSBC Insurance (Asia Pacific) Holdings has 26 per cent stake.

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

There is 1 question to complete.