Non-life insurer Reliance General Insurance Company Ltd has announced a bancassurance tie-up with which bank

2016

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

A	Surat Peoples Coop Bank
B	Nutan Nagarik Sahakari Bank
C	Shamrao Vithal Co-operative Bank
D	Kalupur Commercial Coop. Bank

Explanation:

Detailed explanation-1: -As a part of this tie-up, RGI will offer its vast array of affordable general insurance products to Catholic Syrian Bank’s diversified 1.5 million customer base spread across its 430 branches in Kerala, Tamil Nadu and Maharashtra.

Detailed explanation-2: -ICICI Lombard, AU Small Finance Bank enter into bancassurance tie-up-The Hindu BusinessLine.

Detailed explanation-3: -Definition: Bancassurance means selling insurance product through banks. Banks and insurance company come up in a partnership wherein the bank sells the tied insurance company’s insurance products to its clients.

Detailed explanation-4: -10. Birla Sun Life-The first bancassurance policy in India was sold by Birla Sun.

Detailed explanation-5: -Reliance General Insurance Company Limited is an India-based private insurance company and is part of Reliance Anil Dhirubhai Ambani Group, wholly owned through Reliance Capital.

There is 1 question to complete.