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.

Source: Adda247