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Regulatory Approval
Mangal Credit And Fincorp Regulatory Approval
Mangal Credit and Fincorp Limited received a Corporate Agent (Composite) license from IRDAI, valid until April 2029. This approval allows the company to solicit insurance products to its customers, creating a new revenue stream through insurance distribution. The license was granted on April 24, 2026.
- Execution
- 3 years (April 24, 2026 to April 23, 2029)