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RBI allows banks to offer insurance broking services

Commuters travel past Reserve Bank of India building in Kolkata  RBI allows banks to offer insurance broking services 2015 01 15T151039Z 1 LYNXMPEB0E0NW RTROPTP 2 INDIA CENBANK NBFCThe Reserve Bank of India (RBI) on Thursday said banks will be allowed to offer insurance broking services by setting up a subsidiary or through a joint venture if they meet certain conditions, in a move to increase insurance penetration in the country.


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