Corp Bank, New India Assurance sign MoU for renewal of corporate agency

An apex-level coordination committee meeting was organized between Corporation Bank and The New India Assurance Co Ltd, at the bank’s corporate office. Jai Kumar Garg, managing director and chief executive officer of Corporation Bank and G Srinivasan, chairman and managing director, The New India Assurance Co Ltd, along with other executives of both the organization were present in the meeting.

The meeting was scheduled to discuss and strengthen business relationship between the two organizations and it concluded with an exchange of memorandum of understanding entered between the bank and the insurance company for renewal of corporate agency.