Highlights
- The Insurance Regulatory and Development Authority of India has granted a Certificate of Registration to SBFC Finance Limited to operate as a ‘Corporate Agent (Composite)’ under the Insurance Act, 1938.
- SBFC Finance Limited is authorized to solicit insurance products for its customers, with the registration valid from 25th November 2024 to 24th November 2027.
- Headquartered in Mumbai, SBFC Finance Limited focuses on providing credit solutions to small businesses and consumers.
The Insurance Regulatory and Development Authority of India has issued a Certificate of Registration dated 25th November 2024 to the SBFC Finance Limited to act as ‘Corporate Agent (Composite)’ under the Insurance Act, 1938.
The Company will be able to solicit insurance products to its customers as a Corporate Agent.
The registration shall be valid from 25th November 2024 to 24th November 2027
The disclosure was made under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
SBFC Finance Limited headquartered in Mumbai, is a new-age financial services institution focused on providing credit to small businesses and consumers.
