desidata
20-11-2007, 08:16 PM
Andhra Bank has entered into life insurance business by joining hands with Bank of Baroda and Legal and General, a
British insurer. Thye have forayed into a Memorandum of Understanding a couple of days ago with Legal and General, and Bank of Baroda to form a life insurance ventur. The total investment in the venture could be over Rs 200 crore. The venture could come into existence in six to eight months.
British insurer. Thye have forayed into a Memorandum of Understanding a couple of days ago with Legal and General, and Bank of Baroda to form a life insurance ventur. The total investment in the venture could be over Rs 200 crore. The venture could come into existence in six to eight months.