New Delhi, Jan. 30 -- India Post Payments Bank (IPPB) and PNB MetLife India Insurance Company Limited (PNB MetLife) entered into a strategic bancassurance alliance to extend access to life insurance solutions for millions of individuals nationwide.

Under the collaboration, according to a release, PNB MetLife's life insurance products, combined with IPPB's network of 650 banking outlets and 110 million customers, will make life insurance accessible to every household in India.

This partnership aims to help customers achieve their dreams while promoting financial inclusion across the country, the release added.

Reacting to the development, R. Viswesvaran, MD and CEO of India Post Payments Bank, remarked, "India Post Payments Bank was fou...