Hyderabad, Sept. 30 -- Life Insurance Corporation of India (LIC), the country's largest life insurer, today said it has entered into a bancassurance partnership with RBL Bank Ltd., one of India's leading private sector banks.
This strategic collaboration will enable RBL Bank customers to access LIC's comprehensive range of life insurance products through the bank's extensive branch network and digital channels.
The formal tie-up was announced in the presence of R. Doraiswamy, CEO & MD, LIC of India and R. Subramaniakumar, MD & CEO, RBL Bank Ltd, the insurance company said in a release.
The partnership underscores the shared commitment of both institutions to expand financial protection and strengthen insurance penetration across India.
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