City Union Bank enters into Bancassurance tie-up with Bajaj Allianz and Care Health Insurance

City Union Bank Limited has entered into a Bancassurance agreement / tie-up with Bajaj Allianz Life Insurance Company (Life Insurance) and Care Health Insurance (General Insurance) for distribution of their products through branch network of the bank.

Shares of City Union Bank Limited was last trading in BSE at Rs. 148.40 as compared to the previous close of Rs. 149.35. The total number of shares traded during the day was 154940 in over 2411 trades.

The stock hit an intraday high of Rs. 150.90 and intraday low of 147.00. The net turnover during the day was Rs. 23189333.00.

Source : Equity Bulls

Keywords

CityUnionBank INE491A01021 CUB BancassuranceAgreement BajajAllianzLifeInsuranceCompany CareHealthInsurance Distribution