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HDFC Standard, BoB enter into partnership

CHENNAI: HDFC Standard Life Insurance and Bank of Baroda have signed a corporate agency agreement to enter into bancassurance tie-up. Under the agreement, Bank of Baroda will market to its customers the entire range of life insurance products offered by HDFC Standard Life. The partnership will enable BoB to tap into its customer base and offer them products from HDFC SL to generate an additional revenue stream. HDFC SL gets to offer its products to customers across the 2,600-plus-branch network of Bank of Baroda.

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