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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 ]
Shriram Finance is the flagship company of the Group which provides financial services such as commercial vehicle finance, passenger vehicle finance, SME finance and retail lending (personal loans, gold loans and two-wheeler loans). [7]
In December 2020, Bajaj started discussions on swapping its stake from KTM to KTM's controlling shareholder Pierer Mobility, a subsidiary of Pierer Industrie. [13] On 26 May 2008, Bajaj Auto Limited was split off into three corporate entities — Bajaj Finserv Limited (BFL), Bajaj Auto Ltd (BAL), and Bajaj Holdings and Investment Ltd (BHIL ...
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 Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai.It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$610 billion) as of March 2024. [4]
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 was born on 10 June 1938, to Kamalnayan Bajaj and Savitri Bajaj. [4] He was the grandson of Indian independence fighter, Jamnalal Bajaj, who was a close associate of Mahatma Gandhi. [5] [6] Bajaj was an alumnus of Harvard Business School in the US, St. Stephen's College, Delhi, Government Law College, Mumbai and Cathedral and John Connon ...