HDFC Stan Life gets Rs 12-cr premium
By Our Banking Bureau | 09 Apr 2002
We are very happy the way things have worked out in the first year, he said. The companys main task last year was to build a foundation for future business growth.
Parasnis was in Chennai in connection with signing an agreement with the Chennai-based Repco Bank for distributing HDFC Stan Lifes insurance products.
Repco Bank managing director M Balasubramanian said his banks tie-up with Royal Sundaram Alliance for distributing non-life products will enable the bank to offer a whole range of insurance products to its customers.
He said all the bank employees, who will be given the responsibility of selling life insurance products, will be given a mandatory training that will enable them to pass the agents examination.