Muthoot Microfin (NSE: MUTHOOTMF BSE: 544055), a leading microfinance institution in India, has secured a corporate agent license from the Insurance Regulatory and Development Authority of India (IRDAI) that would enable it to offer tailored insurance plans to its customer base.
TATA AIG General Insurance Company, one of India’s leading general insurance companies, has announced the issuance of the largest Performance Surety Bond in the country, valued at over ₹100 crores.
India Inflection Opportunity Fund picked-up approximately 5% stake in the Company for an undisclosed amount.