Karur Vysya Bank ties up with SBI Life to market insurance schemes
The Hindu
SBI Life Insurance would leverage the strengths of the bank to market its schemes, the private sector lender said
Karur Vysya Bank Ltd. (KVB) has entered into a pact with SBI Life Insurance to market the latter’s insurance schemes through its branches.
KVB is a major player in the South with strong presence in urban, semi-urban and rural locations. SBI Life Insurance would leverage the strengths of the bank to market its schemes, the private sector lender said in a statement.
“KVB offers the entire range of financial services through tie ups with leading service providers. In an attempt to offer a wider choice to its customers in the life insurance sphere, KVB has inked an agreement with SBI Life,” said B. Ramesh Babu, MD & CEO of the bank.
“We look forward to strengthening the financial immunity of KVB’s customers with our value-packed life insurance solutions and tech-enabled services,” said Mahesh Kumar Sharma, MD & CEO, SBI Life Insurance.
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