What is bancassurance?

The selling of Insurance products by banks to their established customers is known as Bancassurance. Banks and insurance company come up with an arrangement wherein the bank sells the insurance products of specific Insurance companies (Life and or general Insurance companies) with whom they have tied up. In this arrangement, both banks and insurance companies…

Who are Foreign Institutional Investors (FIIs)?

Foreign Institutional Investors are SEBI authorised foreign based institutions. They invest in the Indian equity market and debt market through stock exchanges. Foreign Institutional investors most notably include hedge funds, insurance companies, pension funds and mutual funds. Click below to know; What is Universal Banking? What is Bancassurance? What is Stock Exchange and stock broker?…