Karnataka Vikas Grameena Bank (KVGB) and SBI General Insurance Co Ltd have signed a Memorandum of Understanding(MoU) in Dharwad, Karnataka to sell general insurance products through the branches of KVGB. The MoU was signed by BC Ravichandra, General Manager of KVGB, and Mahendra Tripathi, Head (Compliance and Legal), SBI General Insurance Co Ltd.
i.As per the MoU the customers of KVGB will be able to avail bouquet of products that can cover their health, home, motor, property through the range of solutions that the company offers.
ii.SBI General Insurance Co Ltd will provide KVGB an enormous scope to cater the diverse insurance requirements of its customers.
iii.This alliance is a step to enhance the portfolio of KVGB to meet the diverse financial needs of its customers.
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About Karnataka Vikas Grameena Bank:
Headquarters– Dharwad, Karnataka Chairman– P Gopi Krishna
About SBI General Insurance Co Ltd
Headquarters– Mumbai, Maharashtra Managing Director(MD) and
Chief Executive Officer(CEO)– Prakash Chandra Kandpal