Karnataka Bank has entered into an MoU with Bharti AXA Life Insurance Company to distribute the latter’s life insurance products. The bank will be able to provide a wide choice of life insurance products to its customers across 836 branches, supported by the products of Bharti AXA Life Insurance Company.
This is the third such tie-up by the bank after PNB MetLife Life Insurance Company and LIC of India, both of which continue to provide insurance solutions to the customers of Karnataka Bank.
Source- Business Standard
Static/Current Takeaways Important For LIC AAO Mains Exam:
- Mahabaleshwara MS is the Managing Director and Chief Executive Officer of Karnataka Bank.
- Headquarters in: Mangalore.