Bank of India said that it has raised INR 2,550 crores by issuing over 40.5 crore shares to qualified institutional buyers in a qualified institutions placement (QIP). The issue price of the shares in the QIP was INR 62.89 per share. The QIP had opened on 25 August and had closed on 30 August 2021. […]
AU Small Finance Bank (AU Bank), a scheduled commercial bank in India, has entered into a bancassurance deal with ICICI Prudential Life Insurance to provide life insurance solutions to its customers based on their requirements and goals. The partnership with the private life insurance company is expected to help AU Small Finance Bank offer paperless, […]
ICICI Prudential Life Insurance has forged a bancassurance partnership with Indian private lender RBL Bank (formerly Ratnakar Bank) to provide a range of life insurance products to the latter’s customers. The bancassurance deal will give more than 8.7 million customers of RBL Bank to access and buy customer-centric protection and long-term savings products of ICICI […]