OREANDA-NEWS. August 11, 2011. Central Bank of India announced corporate agency tie-up with Cholamandalam MS General Insurance Company Limited to sell general insurance products at 3728 bank branches across the country. The products across personal and commercial lines of business will be customized for Central Bank of India to penetrate 75% of the bank's customer base.

Speaking on the occasion, Mr. M.V. Tanksale, Chairman & Managing Director of Central Bank of India said "We would like to offer hassle free and comprehensive general insurance products suited for the needs of our asset and liability customers in partnership with Chola MS and would look forward for full penetration among our customer base".