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ICICI Pru, 4 co-op banks in tie-up to sell insurance
Mumbai, Oct 09: After roping in six commercial banks for selling insurance, ICICI Prudential Life Insurance has turned its attention to the co-operative banking sector.
Mumbai, Oct 09: After roping in six commercial banks for selling insurance, ICICI Prudential Life Insurance has turned its attention to the co-operative banking sector.
The insurance company has tied up with four co-operative banks in Maharashtra, Goa, Madhya Pradesh and Karnataka for its bancassurance business.
The co-operative banks, which have been recently inducted as bancassurance partners are: Goa State Co-operative Bank, Jalgaon People’s Co-operative Bank, Indore Paraspar Sahakari Bank and Manipal State Co-operative Bank.
ICICI Pru has already tied up with ICICI Bank, Allahabad Bank, Federal Bank, South Indian Bank, Bank of India, Lord Krishna Bank and Punjab and Maharashtra Co-operative Bank for insurance distribution.
Bureau Report
The co-operative banks, which have been recently inducted as bancassurance partners are: Goa State Co-operative Bank, Jalgaon People’s Co-operative Bank, Indore Paraspar Sahakari Bank and Manipal State Co-operative Bank.
ICICI Pru has already tied up with ICICI Bank, Allahabad Bank, Federal Bank, South Indian Bank, Bank of India, Lord Krishna Bank and Punjab and Maharashtra Co-operative Bank for insurance distribution.
Bureau Report