Shivalik Small Finance Bank has entered into a strategic partnership with PNB MetLife India Insurance to offer life insurance products to its customer base, strengthening its presence in the bancassurance segment. The collaboration is aimed at broadening access to financial protection, particularly among underserved and emerging customer segments. By leveraging Shivalik Bank’s growing branch network and PNB MetLife’s diversified insurance portfolio, the partnership seeks to enhance product penetration while creating new fee-based income streams.