
New Launch2 Apr 2025, 05:26 pm
Capital Small Finance Bank's Corporate Agent License Renewed by IRDAI
AI Summary
Capital Small Finance Bank Ltd has announced that the Insurance Regulatory and Development Authority of India (IRDAI) has renewed its Corporate Agent (Composite) license. The license, valid from April 01, 2025, to March 31, 2028, allows the bank to solicit life, general, and health insurance as a Corporate Agent under the Insurance Regulatory and Development Authority of India (Registration of Corporate Agents) Regulations, 2015. This renewal will enable the bank to offer insurance products to its customers, enhancing its service offerings.
Key Highlights
- Capital Small Finance Bank's Corporate Agent License renewed by IRDAI
- License valid from April 01, 2025, to March 31, 2028
- Allows the bank to solicit life, general, and health insurance as a Corporate Agent
- Enhances the bank's service offerings by enabling it to offer insurance products to its customers