Current Affairs · Banking and Economy
In August 2025, for the first time, an Indian financial services company secured approval from the Securities and Commodities Authority (SCA) of the United Arab Emirates to sell investment funds and portfolios directly to onshore retail investors. Which Indian firm became the first to receive this license?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Kotak Mahindra International✓
- 2ICICI Securities Gulf
- 3Axis Capital Global
- 4HDFC International
Correct answer
Kotak Mahindra International
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