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Saturday, June 22, 2013

Allahabad Bank, LIC tie up

Allahabad Bank has signed an agreement with the Life Insurance Corporation of India for selling micro-insurance products. According to a release, these insurance schemes are aimed at providing “appropriate” financial products and services to the weaker sections and low-income groups at an affordable cost. These schemes will be sold through the bank’s network of business correspondents.

Source: thehindubusinessline

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