Centrum Direct expects 50% sales growth in overseas edu biz

Centrum Direct, a leading Category II authorised forex dealer, expects the overseas students segment to grow at 50 per cent this season which begins next month.

Private equity majors New York Life and Jacob Ballas own around 30 per cent in the company, which is aiming to maintain its leadership position in the key segment.

"With over 20 per cent market share we've been the market leader for the past three years in the overseas education forex market, growing at 50 per cent.

"We are sure to maintain our leadership position this year too with a similar growth rate," Centrum Direct managing director and chief executive Guruprasad TC told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)