Arka Fincap Expands Financial Solutions with IRDAI License
Arka Fincap Limited, a subsidiary of Kirloskar Oil Engines Limited, has obtained a Corporate Agency License from the IRDAI, marking a significant milestone. This license allows Arka to venture into insurance distribution, enhancing its existing financial solutions portfolio to meet customer needs comprehensively.
This development enables Arka Fincap to broaden its product portfolio, entering the insurance sector to capitalize on emerging opportunities while aligning with its core value of being customer-centric.
Vimal Bhandari, Executive Vice Chairman & CEO, expresses excitement about the milestone, highlighting the company’s commitment to innovation and sustainable growth. The addition of insurance solutions aims to drive sustainable growth for customers and stakeholders alike.
Navin Saini, Business Head – Retail SME & MSME, underscores the importance of agility in today’s business landscape. Arka’s entry into insurance distribution reflects its readiness to embrace change and explore new avenues to stay competitive.
Arka Fincap Limited, a digitally enabled NBFC, specializes in providing secured and unsecured financing solutions to various sectors. With an impressive AUM and a widespread presence across India, the company aims to continue its growth trajectory with the addition of insurance offerings.
Malaysia has placed the district of Serian in the state of Sarawak in an emergency…
Nvidia has entered into a deal to buy Hugging Face for $12.93 billion, signifying a…
The foreign exchange reserves of India have surged $11.475 billion to reach an all-time high…
Ig Nobel Prize 2026 once again honored scientific research that might seem odd at first…
Teachers’ Day 2026 offers a chance to honor those teachers who influence our thought process,…
Teachers’ Day 2026 will be celebrated in India on September 5 which is the birth…