Canara HSBC Oriental Bank of Commerce Life Insurance .
Canara HSBC Oriental Bank of Commerce Life Insurance , At Canara HSBC Life, we believe in providing our customers simplicity and excellence. We will consistently strive to simplify all aspects of our customers dealings with us at the same time offering products and services that are "best in class" in the insurance market.
The shareholding pattern of the Joint Venture is as follows - Canara Bank holds 51% equity, HSBC Insurance (Asia Pacific) Holdings Ltd 26% and Oriental Bank of Commerce 23%. The Venture has an initial paid up capital of INR 325 crores which will further increase in line with our expansion plans.
