Corporation Bank secures agency license to sell LIC products
By Our Banking Bureau | 19 Dec 2002
Mangalore: With the Mangalore-based Corporation Bank having secured the corporate agency license to sell products of Life Insurance Corporation of India (LIC), LICs Hyderabad zonal manager has officially handed over the license to Corporation Bank chairman and managing director K Cherian Varghese at the banks corporate office here today.
The
first life insurance policy distributed through the bank
was handed over to a client by Varghese at a function
organised to mark the occasion.