Hyderabad: Max New York Life (MNYL) and the District Cooperative Central Bank Ltd, Mahabubnagar, on Sept 28, declared a strategic referral alliance. MNYL will utilise the branch network of the district bank to sell its life insurance products. The alliance with the district cooperative bank will further strengthen the company's rural presence in Andhra Pradesh. MNYL's insurance products will be sold via a network of 120 branches of the district bank.
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