SBI Life Signs Bancassurance Agreement With Yes Bank

SBI Life on September 21 inked a pact with Yes Bank to sell its insurance policies. With this, SBI Life's insurance policies are now available for Yes Bank's customers across the country. Ravi Krishnamurthy, SBI Life President-Zone1, said, "we aim to provide financial security for consumers and further reduce the protection gap in India." Reportedly, SBI Life will use digital infrastructure of Yes Bank to bigger its reach.