2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC Bank
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Fino Payments Bank
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Airtel Payments Bank
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Post Payments Bank
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Detailed explanation-1: -In November 2020, India Post Payments Bank (IPPB) tied up with PNB MetLife India Insurance to launch the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for its customers. Managing Director and Chief Executive Officer of India Post Payments Bank, Mr. J.
Detailed explanation-2: -PNB MetLife launches its CSR initiative in partnership with its bank partners, JKB and KBL.
Detailed explanation-3: -It was in 2011 that MetLife India launched bancassurance partnership with Punjab National Bank (PNB), and in 2013, Punjab National Bank (PNB) acquired 30% stake in MetLife India Insurance Co Ltd, making it PNB MetLife India Insurance Company Limited.
Detailed explanation-4: -The participating bank will be the Master Policy Holder in this scheme. LIC will be responsible for the claim settlement process in consultation with the participating bank.