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Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv and Allianz SE. [29] It offers insurance products for financial planning and security. [ 30 ] The company received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 3 August 2001 to conduct life insurance business in India. [ 31 ]
Market analysts indicated in 2015 that Bajaj is shaping his company in a manner similar to GE Capital. [22] [23] In 2023, he led the launch of Bajaj Finserv Mutual Fund. [24] Bajaj was the deputy chairman of the Confederation of Indian Industry (CII) Western Region for 2018-19. [25]
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. [6] [7] It has a customer base of 88.11 million [8] and holds assets under management worth ₹ 354,192 crore (US$41 billion), as of June 2024.
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. [2] [3] The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. [4]
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year in millions of U.S. dollars according to the Fortune Global 500. (Currently the top 50 public companies are included, while privately held companies are not included).
Bajaj stepped down from his role in 2005 and his son Rajiv became the Group's managing director. [11] Bajaj led the split of Bajaj Auto into three units in 2008: Bajaj Auto, Bajaj Finserv and a holding company. [12] He resigned as chairman and non-executive director of Bajaj Finserv to become chairman emeritus in March 2019. [13]
Jamnalal Kaniram Bajaj (4 November 1889 – 11 February 1942) was an Indian businessman and politician. [1] He founded the Bajaj Group of companies in the 1920s, and the group now has 24 companies, including six that are listed on the bourses. [ 2 ]
CRIDS was later renamed as Navi Finserv Private Limited. [13] [14] Navi launched a lending app for instant personal loans in June 2020, [15] [16] in Karnataka. [17] [18] [19] Both CRISIL and India Ratings assigned a credit rating of A ‘Stable’ to the company’s borrowings. Further loan disbursement by Navi finserv has been effectively ...