Karnataka Bank and LIC inked the corporate agency agreement at the head office of Karnataka Bank here yesterday, a bank release said here.
Bank Managing Director and CEO M S Mahabaleshwara said customer needs were changing and it was necessary for every service unit to meet their expectations.
The bank was firmly moving in this direction and with the MoU with LIC, it would be able to provide vast choice of life insurance products to its customers across all its 769 branches, supported by customer-centric products of LIC.
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