AU Small Finance Bank has entered into agreement with ACKO General Insurance Company (ACKO) to act as Corporate Agent for General Insurance Products. This tie up shall be mutually beneficial for Bank and ACKO in terms of business, market penetration and digital distribution of Insurance Products.
AU Small Finance Bank is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused non-banking finance company (NBFC), which primarily served low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels.
