State Bank Of India

State Bank of India’s (SBI) subsidiary company -- SBI General Insurance has tied-up with Indian Overseas Bank (IOB) for a bancassurance partnership for selling its non-life products. Through the alliance, SBI General will offer a range of general insurance solutions and innovative products to IOB customers. The partnership will improve penetration in urban, tier II, and tier III markets and will also help create awareness about personal lines of insurance.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.