CURRENT AFFAIRS

2020

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

Which Bank in India has joined hands with Bajaj Allianz Life Insurance for bancassurance?

A	IndusInd Bank
B	Karur Vysya Bank
C	IDFC First Bank
D	Lakshmi Vilas Bank

Explanation:

Detailed explanation-1: -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-2: -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-3: -CHENNAI: Tamilnad Mercantile Bank (TMB) and Bajaj Allianz Life Insurance have announced a partnership for bancassurance. Through the tie-up, the bank will sell term, annuity and other value-packed products of the life insurer in more than 500 branches.

Detailed explanation-4: -ICICI Lombard enters into bancassurance tie-up with AU Small Finance Bank | Business Standard News.

There is 1 question to complete.