Edelweiss Financials

We remain excited about the prospects of this business and remain committed to investing in its growth, said Edelweiss MF CEO

Jhunjhunwala bought an additional 4 million equity shares or 0.42 per cent stake in Edelweiss Financial Services during the second quarter of the current calendar year 2021

Edelweiss has pegged inflows of Rs 3,700 crore in the current financial year (2021-22) and Rs 3,800 crore in FY23.

IRDA has accepted the registration application (R1) for setting up a general insurance company