CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank joined with Bajaj Allianz General Insurance for Bancassurance Deal?
A
Vijaya Bank
B
Yes Bank
C
Indian Bank
D
Indian Overseas Bank
Explanation: 

Detailed explanation-1: -Commenting on the partnership, Mr. Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance said, “It is a great opportunity for us to tie up with Union Bank of India.

Detailed explanation-2: -Bajaj Allianz Life Insurance and Punjab & Sind Bank have partnered to offer protection and savings life insurance plans to the bank’s customers. Punjab & Sind Bank is the 25th commercial bank to partner with Bajaj Allianz Life for distributing its life goals-based product suite, the companies said in a joint release.

Detailed explanation-3: -NEW DELHI: Punjab & Sind Bank (PSB) and Bajaj Allianz Life Insurance have announced a partnership for distribution of the latter’s life goals-based product suite to the bank’s customers.

Detailed explanation-4: -ICICI Lombard General Insurance has entered into a bancassurance tie-up with AU Small Finance Bank. The partnership will provide the bank’s customers access to the insurer’s portfolio and enhance penetration across India.

Detailed explanation-5: -HDFC Bank has finalised a new bancassurance partner in Bajaj Allianz General Insurance Company, sources in the bank said.

There is 1 question to complete.