Bajaj Finserv Ltd

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Bajaj Finserv Ltd

  • Credit rating of AA+ with (+) outlook by CRISIL & ICRA for over 7 years
  • 4th largest private sector life insurer in India on new business
  • 2nd largest private General insurer in India
  • Large customer franchise with 3.39 million clients acquired in FY14

Bajaj Finserv was formed in April 2007 as a result of its demerger from Bajaj Auto Ltd to further the Group’s interests in financial services. This demerger enabled Bajaj Finserv to independently run the core businesses of lending, insurance and wealth advisory.

Bajaj Finserv Ltd is the holding company for the financial services businesses of the Bajaj Group. Its insurance joint ventures (JVs) with Allianz SE, Germany namely Bajaj Allianz Life Insurance Company Ltd and Bajaj Allianz General Insurance Company Ltd are engaged in life and general insurance business respectively. Its subsidiary Bajaj Finance Ltd is a Non-Banking Finance Company engaged in consumer finance, SME finance and commercial lending. Bajaj Financial Solutions Ltd, a wholly owned subsidiary of Bajaj Finserv Ltd, is engaged in wealth advisory business.

Bajaj Finserv operate with a simple philosophy of never settling for good, and always aiming for great. Our wide and growing portfolio of products across lending, insurance and wealth advisory bears testimony to this belief.

Source: http://www.bajajfinserv.in/

Bajaj Finserv Ltd: Top 3 financial services company

2014 Ranked amongst the top 3 financial services companies to work for in India.
2012 Created the first existing member identification (EMI) Card and Flexisaver.
2010 Changed the name from Bajaj Auto Finance to Bajaj Finance.
2008 Shareholders' Funds crossed the Rs 1,000 crore (US$ 162.93 million) milestone.
2007 Bajaj Finserv was formed

Updated: January, 2015

Financial Services
Investment corpus in India's pension sector could cross US$ 1 trillion by 2025.
x IBEF : India Brand Equity Foundation