Type Public Company Website www.bajajfinserv.in | Industry Financial Services Customer service 020 3957 4151 Revenue 715 million USD Founded 2007 | |
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Key people Rahul Bajaj, Sanjiv Bajaj Products Financial Services, Wealth Services, Insurance Parent Bajaj Holdings & Investments Limited Stock price BAJAJFINSV (NSE) ₹ 3,976.00 +139.40 (+3.63%)28 Feb, 3:30 PM IST - Disclaimer Subsidiaries Bajaj Finance Ltd, Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance Profiles | ||
Bajaj finserv management explains q1 performance
Bajaj Finserv, a part of Bajaj Holdings & Investments Limited, is an Indian financial services company focused on lending, asset management, wealth management and insurance.
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The company through its joint ventures and subsidiaries employs over 20,000 employees and has established a nationwide presence across over 1400 locations. The company is currently engaged in consumer finance businesses, life insurance, and general insurance and has plans to expand its business by offering a wide array of financial products and services in India. Apart from financial services, Bajaj Finserv is also active in wind–energy generation.
Bajaj Finserv was ranked among The Economic Times 500 as #119 in 2014.
Background
The financial services and wind energy businesses were transferred to Bajaj Finserv Limited (BFS) as part of the recently concluded demerger from Bajaj Auto Limited, approved by the High Court of Judicature at Bombay by its order dated 18 December 2007. The demerger was effective on 31 March 2007.
BFS is engaged in life and general insurance businesses through its joint ventures with Allianz SE namely Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited.
Bajaj Holdings has been registered as a Non–Banking Financial Company (NBFC) under the Registration No. N–13.01952 dated 29 October 2009 with Reserve Bank of India (RBI). The company is classified as a Systemically Important Non–deposit taking NBFC as per RBI Regulations.