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AU Small Finance Bank inks agreement with FGLI

04 Apr 2018 Evaluate

AU Small Finance Bank has entered into agreement with Future Generali India Life Insurance Company (FGLI) to act as Corporate Agent for Life Insurance Business. This tie up shall be mutually beneficial for bank & FGLI in terms of business, market penetration and reach.

The bank has been issued certificate of registration under Registration of Corporate Agents - Regulations, 2015 by Insurance Regulatory and Development Authority of India (IRDAI).

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 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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