Syndicate Bank and SBI Life Insurance signed a bancassurance pact aiming to offer a comprehensive financial planning solution to its customers. The pact was signed between Syndicate Bank MD & CEO, Mrutyunjay Mahapatra and MD and CEO of SBI Life, Sanjeev Nautiyal.
Through the pact, Syndicate Bank will provide penetration in the market with its 3,000 branches and SBI Life’s diverse range of protection, wealth creation and savings insurance products will be brought to the table to the customers.
Source: The Business Standard
Static/Current Takeaways Important For IBPS Clerk Mains Exam 2018:
- Syndicate Bank Headquarters: Manipal, Karnataka, Tagline: Faithful and Friendly.