Bajaj Finserv confident of beating market going forward says S Sreenivasan
We are a very small part of the whole lending system and therefore the size of the opportunity is very large, says S Sreenivasan, Chief Financial Officer, Bajaj Finserv. Excerpts from an interview with ET NOW.
General insurance growth has been fairly strong. We have grown 17% on the gross return premium. However, on the profitability side, we have two-three one-off events that affected profits.
Around 14-15% of our book is now deposits. This is one area which we have been growing over the last four-five years and will continue to stress on. We have increased the number of locations where we offer fixed deposits to our customers.
For more info read the full interview.