Kolkata : Leading private insurer SBI Life Insurance on Monday said it has signed a 'bancassurance' pact, with state-run Allahabad Bank to offer a financial planning solution to consumers. One of the largest bancassurance partnerships in the country will see 3,238...
Chennai : In an effort to expand its bancassurance channel, non-life insurer SBI General Insurance Company Ltd is in talks with state-run as well as privately-held banks for distributing its products, said a senior official on Thursday. Currently, a major chunk of the...
New Delhi : With health insurance remaining underpenetrated but considered expensive by the consumers, there is still significant opportunity to expand distribution and reduce cost of acquisition and services, a Ficci report said on Monday. The report, prepared by...
New Delhi : Finance Minister Arun Jaitley on Friday formally launched a pension scheme for senior citizens with an assured return rate of eight per cent, favouring efficiency with social security. "Banks have to lend at feasible rates, while senior citizens want...