Category : Business and economicsPublished on: July 23 2024
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LIC has partnered with IDFC First Bank under a corporate agency arrangement to offer online life insurance policies.
This collaboration enables over 1 crore IDFC First Bank customers to purchase LIC policies through the bank's website.
IDFC FIRST Bank, led by CEO V. Vaidyanathan, and LIC, chaired by Siddharth Mohanty, are both prominent Indian financial institutions involved in this initiative.
