Performance Evaluation of Bancassurance

Performance Evaluation of Bancassurance

A Study on Select Banks in Srikakulam District of Andhra Pradesh

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The banking and insurance industries have developed rapidly in the changing and challenging economic environment all over the world. Due to merging of global financial markets, development of new technologies, universalization of banking industries and with the expansion of non-banking activities, the insurance industry has globally brought in new channels of distribution into existence. This has given rise to a new form of business wherein two big financial institutions have come together and have integrated all their strength and efforts to generate new means of marketing for encouraging the...