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Bharti AXA Life Insurance Signed Bancassurance Pact with Shivalik SFB

Published on June 04, 2021
Current Context: The Bharti AXA Life Insurance has signed the bancassurance pact with Shivalik Small Finance Bank.
Bharti AXA Life Insurance Signed Bancassurance Pact with Shivalik SFB
  • This bancassurance pact will allow the distribution of Bharti AXA Life Insurance products through Shivalik SFB.
  • This partnership is part of measures taken by the bank to have financial inclusion and acceleration of wealth creation for its customers across the country.
  • Various insurance products of Bharti AXA Life Insurance like protection, health, savings and investment plans will be distributed to the customers via Shivalik SFB.
  • The partnership has allowed 4.5 lakh customers of Shivalik Bank to access the range of products offered by the company to provide financial security.
  • Static Part: 
    • HQ of Bharti AXA Life Insurance: Mumbai
    • MD and CEO of Bharti AXA Life Insurance: Parag Raja
    • HQ of Shivalik SFB: Noida, UP
    • MD and CEO of Shivalik SFB: Suveer Kumar Gupta

Question: 

Q.1 With which SFB has Bharti AXA Life Insurance signed a bancassurance pact to sell its insurance products?
a. Ujjivan Small Finance Bank
b. Shivalik Small Finance Bank
c. Capital Small Finance Bank
d. Utkarsh Small Finance Bank
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