Allahabad Bank Signs Corporate Agency Agreement With SBI Life
| Onkareshwar Pandey - 01 Jan 2019

Allahabad Bank Signs Corporate Agency Agreement With SBI Life

Didhiti Ghosh, Senior Correspondent, Indian Observer Post

Kolkata, Jan 1, 2019: Allahabad Bank, country’s premier and oldest nationalized Bank has signed a “Corporate Agency Agreement” with SBI Life Insurance Company Limited, country’s largest private sector insurer for distribution of life insurance products through its branches on 29th of Dec 2018.

The agreement was signed by Shri S.V.L.N. Nageswara Rao, General Manager, Allahabad Bank and Shri Prem Vidyarthi, Regional Director, SBI Life in the presence of Shri CH. S. S. Mallikarjuna Rao, MD & CEO , Allahabad Bank and Shri Sanjeev Nautiyal, MD & CEO, SBI Life.

Speaking on the occasion MD & CEO of Allahabad Bank, Shri Rao stressed about bank’s objective of offering wider choices of life Insurance products to the customers under one roof and also augmenting NFNI income of the Bank. 


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