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Country's largest lender State Bank of India on Monday said it has entered into a joint venture with Insurance Australia Group (IAG) for its foray into the general insurance business.
State Bank of India will finalise the terms of general insurance venture with Insurance Australia Group (IAG) in the next few weeks, Bank's Chairman O P Bhatt said.
State Bank of India announced a general insurance joint venture with Australia's Insurance Australia Group and plans to commence the business in the current financial year.
