Karnataka Bank eyes Rs 100 cr in life cover premiums

23-Jul-2010

Karnataka Bank Ltd is aiming to collect more than Rs 100 crore of life insurance premiums during the current fiscal, according to Mr P. Jayarama Bhat, Managing Director and Chief Executive Officer of the bank. Inaugurating the review meeting of insurance officers of the bank here, Mr Bhat said that the bank is aiming to sell insurance products under financial inclusion programme as there is a huge potential in rural market.

Source : www.insuremagic.com