BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Punjab National Bank
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Syndicate Bank
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Bank of Baroda
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State Bank of India
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Detailed explanation-1: -Syndicate Bank and SBI Life Insurance announced that they have signed a bancassurance pact to offer a comprehensive financial planning solution to its customers.
Detailed explanation-2: -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.
Detailed explanation-3: -SBI Life Insurance Company Limited (SBI Life) established in 2001 is a Joint Venture between State Bank of India (SBI) and BNP Paribas Cardif S.A. and is one of the leading life Insurance companies in India.
Detailed explanation-4: -SBI Life Insurance Company Ltd. has an average target of 1582.67. The consensus estimate represents an upside of 37.66% from the last price of 1149.70. Reco-This broker has downgraded this stock from it’s previous report. Target-Broker has maintained previous recommendation but reduced share price target.