Friday, January 3, 2014

The Missing Piece in Bancassurance

...True, there is a vacuum in most banks following large-scale retirements, and there are daunting issues of training many new recruits on banking aspects. It is, therefore, unrealistic to expect the frontline staff to become experts at suggesting insurance solutions for multiple insurers in the near future. While our extensive banking network should aid greater insurance penetration, this cannot be achieved by compelling all PSBs to become insurance brokers overnight. It has to be a............

Read - ET

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