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#754 Daily Money Show | Money Purse Stock Market News

Original: # 754 Daily Money Show | Money Purse Stock Market News

57.5K views · Feb 19, 2024 · 23:05 min · Watch on YouTube ↗
Takeaway

Policy Bazaar received IRDAI composite broker license, unlocking expanded insurance product distribution.

Summary

  • Sensex up 281 points to 72,708; Nifty up 81 points to 22,122
  • Midcap +0.40%, Smallcap +0.62%, Bank Nifty +0.32%
  • PB Fintech's Policy Bazaar Insurance Brokers subsidiary received IRDAI approval to upgrade from Direct to Composite Insurance Broker License
  • Composite license unlocks broader insurance product distribution
  • Important regulatory milestone for Policy Bazaar's business expansion
PB FintechPolicy BazaarIRDAI
Original description
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