India Post Payments Bank formalises agreement with Bajaj Allianz to sell life-insurance

Speaking about the need to enter a strategic tie-up with a third-party insurer, the state-run payments bank’s chief executive said, “We are a payments bank, so we are not licensed to sell insurance. That’s why we are tying-up with Bajaj Allianz.”

from Banking/Finance-Industry-Economic Times https://ift.tt/2xtotp6