India Post Payments Bank formalises agreement with Bajaj Allianz to sell life-insurance

[IndiaInsurance]

https://img.etimg.com/photo/65869696.cms (https://economictimes.indiatimes.com/wealth/insure/india-post-payments-bank-formalises-agreement-with-bajaj-allianz-to-sell-life-insurance/articleshow/65869696.cms)Speaking about the need to enter a strategic tie-up with a third-party insurer, the state-run payments bank’s chief executive said, “We are a payments bank, so we are not licensed to sell insurance. That’s why we are tying-up with Bajaj Allianz.”

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