Bajaj Finance, the lending arm of Bajaj Finserv, has increased the interest rates on fixed deposits, with the rate for senior citizens hiked to 8.20% for a tenure of 44 months. The company has hiked FD rates by up to 35 basis points, for tenures between 15 months to 23 months, with effect from March […]
Leading two-wheeler brand Bajaj Auto is launching its first bike in London soon. The company first announced its partnership with British motorcycle brand Triumph in 2017.Till now, Africa and South America have been the major export regions of the auto manufacturer. With partnerships with iconic brands like UK’s Triumph, the company is aiming to become […]
According to Sanjiv Bajaj, Chairman & Managing Director of Bajaj Finserv, Bajaj Finance, plans to enter the micro loan category by 2025, expanding its focus beyond the middle class. “We do plan in the next couple of years to get into microfinance segment. We are now doing all branded two wheelers now. In the next […]
Bajaj Electricals’ EPC division has bagged a contract worth ₹564.87 crore from South Bihar Power Distribution Company Ltd (SBPDCL). The contract is for supply of goods and services by South Bihar Power Distribution Company Ltd (SBPDCL), a domestic entity, under the Revamped Distribution Sector Scheme (RDSS), the company said in a regulatory filing. The work […]
Financial services company Bajaj Finserv has received the final registration from the Securities and Exchange Board of India (SEBI) to start its mutual fund business operations under Bajaj Finserv Mutual Fund. Bajaj Finserv Mutual Fund, with Bajaj Finserv Asset Management Limited (BFAML) as the Investment Manager, will soon offer a range of mutual fund products […]
Bajaj Finance launched Insurance Mall to ensure an ‘easily buy’ experience for its customers. The new portal features a rich set of policies and plans in core insurance segments and the company’s own pocket insurance and subscription categories. Bajaj Finance partners with leading insurance companies in India to offer bespoke products that best suit the […]
Bajaj Allianz Life Insurance, the life insurance arm of Bajaj Finserv, has launched Sustainable Equity Fund for investors. This equity fund will allow investment in companies that are socially responsible and assessed on relevant Environmental (E), Social (S), and Governance (G) factors. The Bajaj Allianz Life Sustainable Equity Fund is consistent with the company’s commitment […]
With an aim to have enhanced participation by contractors in project bids, freeing up of collaterals to support working capital requirements Mr. Nitin Gadkari, Minister of Road Transport & Highways, launched the first-ever surety bond insurance from Bajaj Allianz General Insurance. A surety bond is a risk transfer tool for the Principal and shields the […]
Bajaj Alliance Life Insurance, one of the leading private general insurers of India, is now doubling down on its bancassurance play that has paid rich dividends over the last five years, propelling the share of its institutional business in its overall revenue mix from about 8 per cent in 2017 to 51 per cent in […]
The 169-year-old Byculla railway station in Mumbai is one of the oldest living railway stations in India. The station has received UNESCO’s Asia Pacific Cultural Heritage Conservation award of merit for restoration work carried out over the last three years. The Bajaj Group has a history of preserving and restoring ancient architectural heritage sites. Recently, […]
Bajaj Allianz Life Insurance Company, one of the leading private life insurance players in India has released a new campaign. The brand has conducted a social experiment to address the typical mind-set of parents and their perceptions about ‘success’ for their children. Mr. Chandramohan Mehra, Chief Marketing Officer at Bajaj Allianz Life Insurance, said, “We […]
Bajaj Allianz Life Insurance Company, one of the leading private life insurance players, shared key parameters, which strengthens its position in the market, and showcases the insurer’s financial strength to keep its customers’ Life Goals secured. Bajaj Allianz Life Insurance’s Solvency Ratio stands at 581% (FY22), as against the regulatory requirement of 150%. Further, the […]
Company benefitting from expansion of distribution channels, consumer segment leads growth
Bajaj Electricals posted its year on year March quarter profit which registered a profit of Rs. 28.4...
Bajaj Finance crosses ₹2 trillion market cap as shares hit fresh high
Bajaj Finance marked a new milestone on 21st May 2019. Bajaj Finance Limited, the lending and invest...