Health is a concern across the world, more particularly so with the COVID - 19 pandemic playing havoc with millions of lives globally. In order to bring a wider range of health insurance options to its customers, Karur Vysya Bank has entered into an arrangement by which the health insurance products of Star Health & Allied Insurance will be made available through all 780 branches of KVB. While KVB is a 104 year old commercial Bank, Star health is India's first standalone health insurance company.
Speaking on the tie-up, Mr. J. Natarajan, President & Chief Operating Officer, Karur Vysya Bank said, "Karur Vysya Bank is happy to partner with Star Health & Allied Insurance. As the first standalone health insurance company in India, they bring a lot of value with their products. We are sure that they will provide both cost effective insurance products and quick settlement of claims to our customers."
Anand Roy, Managing Director, Star Health and Allied Insurance Co. Ltd said "The Covid 19 pandemic has brought to the fore the need for a health insurance cover for all. We are happy to tie up with Karur Vysya Bank and offer a wide variety of need based health insurance policies for the bank's customers."
Shares of KARUR VYSYA BANK LTD. was last trading in BSE at Rs.34 as compared to the previous close of Rs. 34. The total number of shares traded during the day was 96279 in over 410 trades.
The stock hit an intraday high of Rs. 34.85 and intraday low of 33.6. The net turnover during the day was Rs. 3276655.