Economy, Banking and Finance · 25 December 2025
Canara HSBC Life Insurance (CHLIC) partners Equitas Small Finance Bank (ESFB) to expand life insurance reach.
Exam-focused facts from the 25 December 2025 current affairs briefing.
Key facts
- CHLIC will distribute life protection, savings, annuity, child plans, and investment-linked solutions through ESFB’s network of 994 banking outlets and 365 ATMs across 18 states and Union Territories.
- The partnership targets deeper penetration in Tamil Nadu, Karnataka, Kerala, and Maharashtra.
- The alliance supports IRDAI’s ‘Insurance for All by 2047’ vision.