PNB MetLife Insurance

J&K Bank has proposed to divest 10.25 million equity shares in PNB MetLife India Insurance Company at ₹117.20 apiece, taking the transaction value to ₹120.1 crore.

Jammu and Kashmir Bank will sell 10.25 million shares in PNB MetLife to MetLife International Holdings, reducing its holding in the insurer to 2.534 per cent

'This year's bonus represents a significant 21% increase from the previous year,' the company stated

He joined the firm in 2007 and is currently serving as the Chief Distribution Officer

The product is a unit linked insurance plan that gives policyholders the chance to invest in a diversified equity portfolio with a focus on small-cap companies

This is the first insurance plan in India that covers fixed-benefit outpatient expenses and provides financial assistance with costs related to overall dental health

Signs share purchase agreement with IGE (India) Pvt Ltd and Elpro International Ltd to acquire their combined holding of 15.27% in PNB MetLife India Insurance

Use instalments to increase cover; benefit from quick approvals

Plans to engage customers through games and storage services