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Standard Capital Markets Ltd. Incorporates Subsidiary for Insurance Broking
Indian Economy & Market
|July 2024
Standard Capital Markets Ltd., a leading player in the financial services sector, has announced that it has incorporated a subsidiary under the name of “Standard Insurance Broking Ltd.” to act as a Direct broker under the Insurance Regulatory and Development Authority of India (Insurance Brokers) Regulations, 2018.NOC of Insurance Regulatory and Development Authority of India already taken and now company will also apply for taking Insurance Broking License of Insurance Regulatory and Development Authority of India (IRDAI).
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Earlier, the company announced that it has partnered with a leading fintech company to provide educational loans to individuals seeking higher education. This collaboration aims to make education more accessible and affordable for students, empowering them to pursue their academic goals. Through this strategic partnership, Standard Capital Markets Limited will leverage the fintech company’s innovative platform and expertise in student financing to offer competitive loan options tailored to the needs of students. The loans will cover tuition fees, living expenses, and other educational costs, ensuring that financial constraints do not hinder students from receiving a quality education.
Cette histoire est tirée de l'édition July 2024 de Indian Economy & Market.
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