Business and Finance Business and Finance
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SBFC Finance gets corporate agency license from IRDAI

SBFC Finance gets corporate agency license from IRDAI


Published on 2024-11-25 23:31:06 - Bill Williamson, WOPRAI
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  • SBFC Finance said that it has received certificate of registration from Insurance Regulatory and Development Authority of India (IRDAI) to act as a corporate agent under the insurance ACT 1938.

SBFC Finance, a non-banking financial company (NBFC), has been granted a corporate agency license by the Insurance Regulatory and Development Authority of India (IRDAI). This license allows SBFC Finance to act as an agent for various insurance companies, offering life, health, and general insurance products to its customers. The move is aimed at enhancing the company's product portfolio and providing comprehensive financial solutions under one roof. Aseem Dhru, MD & CEO of SBFC Finance, stated that this license will enable the company to better serve its customers by offering tailored insurance products, thereby increasing customer satisfaction and loyalty. The company plans to leverage its extensive network and customer base to distribute these insurance products effectively.

Read the Full Business Standard Article at [ https://www.business-standard.com/markets/capital-market-news/sbfc-finance-gets-corporate-agency-license-from-irdai-124112600150_1.html ]
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