IndusInd Bank has entered into partnership with Tata AIA Life Insurance to sell the later’s insurance policy through the bank's branches after its arrangement with Aviva Life Insurance ended.
The partners will collaborate to provide a wide range of solutions to address protection, savings and wealth creation needs of IndusInd Bank’s customers.
The company posted a rise of 30.18% in its net profit at Rs 560.04 crore for the quarter ended September 30, 2015 as compared to Rs 430.2 crore for the same quarter in the previous year. Total income increased by 20.47% at Rs 3581.31 crore for quarter under review as compared to Rs 2972.72 crore for the quarter ended September 30, 2014.
