J&K Bank and HDFC Life enter into Corporate Agency Agreement to expand insurance choices

Exam-focused facts from the 22 August 2026 current affairs briefing.

Key facts

J&K Bank has entered into a Corporate Agency Agreement (CAA) with HDFC Life.
The partnership will enable J&K Bank customers to access HDFC Life's products including Protection, Savings, Investment, and Retirement Planning.
The agreement was announced on August 17, 2026, in Mumbai.
The collaboration aims to contribute to IRDAI's vision of 'Insurance for All by 2047'.