Bandhan Financial Services (BFSL) will explore health insurance opportunities once its recent acquisitions of IDFC Mutual Fund, IDFC Asset Management Company and Aegon Life Insurance stabilise, chairman Chandra Sekhar Ghosh told PTI. He said the immediate focus is consolidating existing businesses and did not give a timeline for entering health insurance. Ghosh said a composite licence would make it easier to enter the sector, which current Indian insurance law does not permit. The group is also looking at investment banking and wealth management, where it has no presence.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions : Chairman Ghosh
Read the original on dailyexcelsior.com ↗
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