CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has signed a corporate agency agreement with the SBI General Insurance to retail its insurance products to the bank customers?
A
SBI
B
Indian Overseas Bank
C
Bank of India
D
Union Bank of India
Explanation: 

Detailed explanation-1: -Public sector Indian Overseas Bank has signed a corporate agency agreement with SBI General Insurance to retail its insurance products to bank customers, a top official said on Friday.

Detailed explanation-2: -NEW DELHI: Star Health and Allied Insurance Company has signed a corporate agency agreement with IDFC FIRST Bank for distribution of its health insurance products.

Detailed explanation-3: -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-4: -SBI General Insurance Company Limited commenced its operations as a joint venture between State Bank of India (SBI) and Insurance Australia Group (IAG).

Detailed explanation-5: -AffairsCloud APP Click Here On June 21, 2021, SBI (State Bank of India) General Insurance inked a bancassurance partnership with IDFC (Infrastructure Development Finance Company) FIRST Bank for selling its non-life insurance products.

There is 1 question to complete.