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Reliance General Insurance enters into bancassurance pact with Yes Bank

Reliance General Insurance Company Limited (RGI), a subsidiary of Reliance Capital, has entered into a comprehensive Bancassurance – Corporate Agency agreement with Yes Bank.

The major objective of the pact is to distribute multiple general insurance products to the bank’s customers.

Reliance General Insurance, will now be able to reach a large number of retail and MSME clients, as Yes Bank has a huge network of 1040 branches across all 29 states and 7 union territories of India.

As per Rana Kapoor, Managing Director & CEO, YES Bank, “With this alliance, we remain committed to leveraging our Pan-India branch network to capitalize on the immense opportunities in the Indian bancassurance market.”

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