BAJAJ ALLIANZ DISPUTE WITH CENTURION CONTINUES

The dispute between Bajaj Allianz and Centurion Bank of Punjab is likely to go to arbitration, according to a local report. The two companies ended their agreement a year ago after the merger of Punjab Bank and Centurion Bank. The two banks had different insurance partners and called for a fresh bidding process. The merged bank selected Aviva, but said that it would continue to service Bajaj Allianz and would not try to “convert” customers to Aviva.