CURRENT AFFAIRS

Detailed explanation-1: -The partnership will see all the branches of Paschim Banga Gramin Bank across West Bengal offer SBI Life’s range of protection, wealth creation, credit life, annuity and savings products, thereby increasing accessibility of life insurance solutions in the region, they said.

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 was established in 2001, as a joint venture between State Bank of India and BNP Paribas Cardif S.A. SBI Life has an authorized capital of Rs 2,000 crores and a paid- up capital of Rs 1,000 crores.

Detailed explanation-4: -The average SBI Life Insurance monthly salary ranges from approximately ₹ 13,223 per month for Executive to ₹ 49,863 per month for Manager. The average SBI Life Insurance salary ranges from approximately ₹ 1,42,302 per year for Telemarketer to ₹ 14,60,459 per year for Marketing Executive.