Karnataka Vikas Grameena Bank signs MoU for bancassurance

Karnataka Vikas Grameena Bank (KVGB) and Canara, HSBC, Oriental Bank of Commerce, Life Insurance Company Ltd. signed an MoU for bancassurance (for selling life insurance products through the branches of KVGB). As per the pact, KVGB will market wide range insurance products of the Canara HSBC through its 636 branches in 9 districts of Karnataka.

Static/Current Takeaways Important For RRB NTPC/SSC CGL:

  • Karnataka Vikas Grameena Bank founded: September 12, 2005.
  • Karnataka Vikas Grameena Bank Headquarters: Dharwad, Karnataka.
  • Karnataka Vikas Grameena Bank Chairman: Puttaganti Gopi Krishna.
  • Karnataka Vikas Grameena Bank Sponsored by: Syndicate Bank.

Source: The Hindu

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