Karur Vysya Bank has entered into an arrangement with SBI Life Insurance to market their insurance schemes through the branches of the Bank. The agreement was signed at Chennai on March 23, 2023.
The Bank is a major player in the South with strong presence in Urban, semi-urban and rural locations. SBI Life Insurance which is one of the most trusted insurance companies in India would leverage the strengths of the bank to market its schemes.
Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.
