Vijaya Bank has tied up with SBI Life Insurance to launch the social security scheme — Pradhan Mantri Jeevan Jyoti Bima Yojana.

The memorandum of understanding was signed by Kishore Sansi, Managing Director and CEO of Vijaya Bank and Arijit Basu, Managing Director & CEO of SBI Life Insurance, in the presence of Executive Directors of Vijaya Bank KR Shenoy and BS Rama Rao, a press release said.

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