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Unique News Online
Indian Overseas Bank to sell general insurance product of SBI General Insurance
Indian Overseas Bank to sell general insurance product of SBI General Insurance SBI General Insurance said in a statement on Monday that it will provide general insurance and innovative products to Indian Overseas Bank customers…
Published
3 years ago on
March 1, 2021 SBI General Insurance has entered into a Bank Insurance Agreement with the Indian Overseas Bank (IOB). Under this, IOB will sell general insurance products of SBI General Insurance. SBI General Insurance said in a statement on Monday that it will provide general insurance and innovative products to IOB customers through this tie-up.
The Chennai-headquartered IOB has more than 3,200 branches across the country. Apart from this, the bank also has a presence in foreign markets. SBI General Insurance Managing Director and Chief Executive Officer (CEO) PC Kandapal said, Indian Overseas Bank wide reach in the Tamil Nadu region will allow a wider range of products to be distributed to its customers. Under this tie-up, we will provide consumer-friendly products with deep research to IOB customers. “
IOB Managing Director and CEO Partha Pratim Sengupta said that we will make it a long-term relationship of mutual benefit with efficiency. This will increase the penetration of insurance products to our customers. “
Passionate news enthusiast with a flair for words. Our Editorial Team author brings you the latest updates, in-depth analysis, and engaging stories. Stay informed with their well-researched articles.
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