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Bangalore, Oct. 19

Syndicate Bank renewed its bancassurance arrangement with Bajaj Allianz Life Insurance Co Ltd on Thursday for a further period of three years. A Syndicate Bank release said that the MoU renewing the corporate agency relationship was signed here on Thursday.

The corporate agency was originally started on 21st October 2003. The bank during first six months of this fiscal has mopped up over Rs 115 crore premium.

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