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Diversified financial services player Centrum Group has decided to exit the forex business under the brand name Centrum Direct by selling it to Atlanta-based Ebix Inc. for around Rs 1,200 crore. Centrum Group exits its forex business, Centrum Direct and sells it to Ebix.
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2018/04/03 · Centrum Group, a diversified financial services group, has signed an agreement to sell its foreign exchange business, Centrum Direct (CDL), to US-based Ebix Inc for ₹1,200 crore.
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2018/04/02 · Centrum Direct deals in foreign exchange services such as currencies, overseas remittances, prepaid travel cards and traveller’s cheques. It services over 1 million forex transactions annually and is present in 46 cities. The company is the largest airport forex provider in India, with services at 23 airports.
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