Utkarsh Small Finance Bank and Kotak Life Announce Strategic Partnership to Drive Life Insurance Penetration
The partnership strengthens the Bank’s commitment to providing customers with diverse and comprehensive financial protection solutions offered by Kotak Life Mumbai, February 24, 2026: Utkarsh Small Finance Bank Limited (“Utkarsh SFBL”) today announced a strategic partnership with Kotak Mahindra Life Insurance Company Ltd (“Kotak Life”), marking a significant milestone in the Bank’s product expansion strategy. This collaboration significantly strengthens Utkarsh SFBL’s life insurance vertical, integrating Kotak Life’s comprehensive suite of products across the Bank’s 1105 banking outlets spanning 27 states and union territories. The tie-up plans to benefit 51.4 lakh customers of Utkarsh SFBL that will offer a wide range of tailor-made life insurance products and solutions provided by Kotak Life, including protection, savings, unit-linked and retirement. Speaking on the partnership, Mr. Govind Singh, Managing Director & CEO, Utkarsh...