Union Bank of India today said that it is looking at tapping its insurable credit portfolio for general insurance. The bank said that it was also targetting life insurance premiums of Rs 12 crore in the next financial year.
The bank, which has entered into agreements with HDFC Standard Life Insurance and New India Assurance Co Ltd, to market life insurance and non-life insurance products said that it was looking at selling general insurance policies to 20 per cent of its insurable credit portfolio in the next year. The bank
