Tuesday, July 19, 2016

Bank of Baroda and Cholamandalam MS General Insurance Co Ltd – Corporate Agency Announcement


Mumbai, 18 July 2016: Bank of Baroda, India’s leading public sector bank has entered into corporate agency (non-life insurance) agreement with Cholamandalam MS General Insurance Co. Ltd with the objective to distribute multiple general insurance products to its customers.  
Mr. P S Jayakumar, Managing Director & CEO of Bank of Baroda, exchanged the Corporate Agency Agreement with Mr S S Gopalrathnam, Managing Director of Cholamandalam MS General Insurance Co Ltd on 18th July, 2016.
On this occasion Shri Mayank K Mehta (Executive Director), Bank of Baroda, said, “We are delighted to partner with Chola MS for distributing the general insurance products through Bank of Baroda.  The multiple product options will provide the customers best-in-class product suiting to their requirements. Bank of Baroda and Chola MS being strong players in their respective markets, this relationship will manifest into win-win situation for the stake holders of both the entities.”

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