Business Daily from THE HINDU group of publications
Saturday, Nov 17, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Saturday, Nov 17, 2007 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
|
Money & Banking
-
Alliances & Joint Ventures MoU for life insurance venture New Delhi, Nov. 16 Bank of Baroda and Andhra Bank along with the UK-based Legal and General Group on Friday signed a Memorandum of Understanding for a joint venture to offer life insurance products. While Bank of Baroda is to have a 44 per cent share in the venture, Andhra Bank would have a 30 per cent share with Legal and General would hold the remaining 26 per cent. Addressing the MoU signing ceremony, the Union Finance Minister, Mr P. Chidambaram said that with less than 20 per cent of the population having an insurance cover, there was infinite opportunity for the new entity. - Our Bureau More Stories on : Alliances & Joint Ventures | Life Insurance | Public Sector Banks
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2007, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|