- A total of six initiatives were launched by the MD and CEO of Indian Bank, SL Jain, along with the MD & CEO of Universal Sompo General Insurance Co., Sharad Mathur.
- Indian Bank in collaboration with Universal Sompo General Insurance will provide online vehicle and health insurance via its mobile banking application IndOASIS.
- It would enable the customers to digitally buy general insurance products, hence promoting insurance inclusion in India.
- Indian Bank has also partnered with Rupeek Capital Pvt. Ltd. to offer gold loans at customers’ doorsteps.
- Indian Bank is a public-sector bank that was established in 1907 with its headquarters in Chennai, Tamil Nadu. The current CEO of the bank is Shanti Lal Jain.
Question:
Q.1 “Project WAVE” is an initiative of?a. PNB
b. SBI
c. Indian Bank
d. ICICI
