Partnership9 May 2025, 04:21 pm
Karur Vysya Bank Partners with Life Insurance Corporation of India for Bancassurance
AI Summary
Karur Vysya Bank Ltd has executed an agreement with M/s. Life Insurance Corporation of India (LIC) as an additional Bancassurance partner under Life Insurance business. This partnership is in line with the bank's strategic initiatives and is considered as an ordinary course of business.
Key Highlights
- Karur Vysya Bank Ltd has entered into a partnership with Life Insurance Corporation of India (LIC) for Bancassurance
- The partnership is an additional Bancassurance agreement under Life Insurance business
- This event is considered as an ordinary course of business for the bank
- The agreement was executed on 09.05.2025
- The partnership is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015