License

Insurance Broker License

24th May 2019

Insurance Broker License What is Insurance Broker? An Insurance broker has professionally qualified people or firm acting through its directors or Partners or employees with expert knowledge of insurance-related laws as depth knowledge of insurance products. They advise people on their insurance need. An insurance broker provides professional services to its client and working as […]

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Insurance Web Aggregator License

24th May 2019

Insurance Web Aggregator License Who is an Insurance Web Aggregator? The web aggregator is the Insurance Intermediary maintaining a website which provides interface to the Insurance prospects for price comparison and information of products of different insurers and other related matters. The activities of the IRDA (Web Aggregates) are governed by Insurance Regulatory and Development […]

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IRDA Insurance License

24th May 2019

IRDA Insurance License What is IRDA License? Until the year 1999, the insurance sector in India was controlled by the Controller of Insurance under the Insurance Act, 1938. However, the formation of IRDA made felt the need of renaissance in the sector of insurance as most of the earlier provisions were outdated and irrelevant in […]

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Merchant Bankers License in India

23rd May 2019

Merchant Bankers License What is the definition of Merchant Bankers? It is a financial institution which primarily engages itself in underwriting & business loans, catering to the needs of large-scale enterprises & high net worth individuals. It can also be called as Investment Banking. They are experts in international trade which makes them specialists in […]

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Appeal Against NBFC License Cancellation

23rd May 2019

Appeal against NBFC License cancellation What is NBFC License Cancellation? The reserve bank of India is empowered by the RBI Act to the cancel the NBFC granted to a company, who shall not meet the public interest at large. In 2018 more than 3000+ NBFC License has been canceled by the RBI due not meeting […]

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