IDBI Bank has entered a bancassurance corporate agency agreement with Tata AIG. This is to provide the general insurer’s products to the bank’s two crore customers through its 1,850-plus branches.
“IDBI Bank has strong presence in rural and semi-urban areas. The association will help Tata AIG deepen the penetration of its product offerings and enable more customers to access their risk solutions anytime, anywhere,” said a release.