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AU Small Finance Bank inks agreement with ABHICL

04 Oct 2017 Evaluate

AU Small Finance Bank has entered into an agreement with Aditya Birla Health Insurance Company (ABHICL) for Health Insurance Products as Corporate Agent.

The bank has been issued certificate of registration under Registration of Corporate Agents - Regulations, 2015 by Insurance Regulatory and Development Authority of India (IRDAI) and bank has entered into agreement with ABHICL to act as Corporate Agent for Health Insurance Business. This tie up shall be mutually beneficial for the insurer and the company in terms of business, market penetration and reach.

AU Small Finance Bank is Jaipur Rajasthan based non-banking finance company focused on retail segment serving low and middle income individuals and businesses that have limited or no access to formal banking and finance channels.


Peers
Company Name CMP
HDFC Bank 692.30
ICICI Bank 1394.00
Axis Bank 1214.70
Kotak Mahindra Bank 461.00
Indusind Bank 840.00
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