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Tamilnad Mercantile Bank Inks Pact With Kotak Mahindra General Insurance

Tamilnad Mercantile Bank partnered with Kotak Mahindra General Insurance Co. to retail its general insurance products to customers

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Tamilnad Mercantile Bank has partnered with Kotak Mahindra General Insurance company to retail its general insurance products to customers, the bank said on Thursday.

With a view to offer customer-centric choices in every product, Tamilnad Mercantile Bank executed the agreement for marketing the general insurance products under the tie-up with Kotak Mahindra General Insurance Company Ltd.

"We feel that this tie-up arrangement for delivery of general insurance products is a momentous occasion for the bank," Tamilnad Mercantile Bank Ltd. Managing Director and Chief Executive Officer S Krishnan said in a bank statement.