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AU Small Finance Bank terminates agreement with Acko General Insurance

11 Feb 2021 Evaluate

AU Small Finance Bank has terminated the Corporate Agency agreement with Acko General Insurance. The intimation to IRDAI has been given on February 09, 2021 in this regard.

AU Small Finance Bank is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused nonbanking 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.

Peers
Company Name CMP
HDFC Bank 704.25
ICICI Bank 1345.00
Axis Bank 1256.00
Kotak Mahindra Bank 443.00
Indusind Bank 852.90
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