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Canara HSBC Life Insurance and Equitas Small Finance Bank Announce Strategic Bancassurance Partnership to Drive Insurance Inclusion
Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance") has entered into a strategic bancassurance alliance with Equitas Small Finance Bank ("ESFB"), marking a significant step toward deepening life insurance penetration across India's diverse markets.
About this update from Canara Hsbc Life Insurance Company Limited
[{"type":"text","content":"CHENNAI, India, Dec. 23, 2025 /PRNewswire/ -- Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance") has entered into a strategic bancassurance alliance with Equitas Small Finance Bank ("ESFB"), marking a significant step toward deepening life insurance penetration across India's diverse markets.","length":355,"tagName":"p"},{"type":"image","alt":"Left to Right: Anuj Mathur, MD & CEO, Canara HSBC Life Insurance, Vasudevan P N, MD & CEO, Equitas Small Finance Bank, & Murali Vaidyanathan, Senior President & Country Head, Equitas Small Finance Bank","displaySize":"","headline":null,"caption":"Left to Right: Anuj Mathur, MD & CEO, Canara HSBC Life Insurance, Vasudevan P N, MD & CEO, Equitas Small Finance Bank, & Murali Vaidyanathan, Senior President & Country Head, Equitas Small Finance Bank","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/13a5597124d556522917f3c4ea3b03da"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/OOQjaYW92_WVxZtUVdyiSQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/13a5597124d556522917f3c4ea3b03da","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2851008/Canara_HSBC_Equitas_SFB.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"This partnership underscores Canara HSBC Life Insurance's commitment to making life insurance accessible for every segment of society. Through this collaboration, the company will offer its comprehensive portfolio of life protection, savings, annuity, child plans, and investment-linked solutions across Equitas SFB's robust network of 994 banking outlets and 365 ATMs in 18 states and Union Territories, with a strong presence in Tamil Nadu, Karnataka, Kerala, and Maharashtra.","length":486,"tagName":"p"},{"type":"text","content":"Commenting on the partnership, Mr. Soly Thomas, Chief Distribution Officer- Bancassurance, Canara HSBC Life Insurance, said, "At Canara HSBC Life Insurance, we believe in forging partnerships that create meaningful impact. Our collaboration with Equitas Small Finance Bank is a strategic step toward expanding financial inclusion and delivering life insurance solutions that are simple, transparent, and t...
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