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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 Holdings and Investments Limited (BHIL) came into existence when the original company separated its auto and finance assets. This new entity, BHIL is the parent company which holds 39.29% stake in Bajaj Finserv [ 19 ] and now holds surplus cash and investments with the purpose of providing financial support to the auto and/or finance ...
Bajaj Allianz Life Insurance – Life insurance business. Bajaj Holdings & Investment Ltd. – Investment company focusing on new business opportunities. Jamnalal Sons Pvt. Ltd. – Investment and finance company. Bajaj Ventures Ltd. – involved in manufacturing and trading of power tools and manufacturing of houseware and parts.
Today, 12 of our employees are on a flextirement plan. They work anywhere from 12 to 25 hours a week, mentor junior employees, and contribute to specific projects where their expertise shines.
Bajaj began his career in 1994 with Bajaj Auto. [8] [9] During his years at Bajaj Auto, he held various leadership roles [10] [11] in finance, legal, and international business functions within the organisation. [12] [13] [14] He was credited with bringing American-style supply chain management to Bajaj Auto, using General Motors as a model.
Bajaj Auto had a total of 10,000 employees as of 2019, of which 51 were women (0.63%) and 25 were differently-abled (0.31%). [39] It spent ₹ 650 crore (equivalent to ₹ 12 billion or US$140 million in 2023) on employee benefit expenses during the FY 2012–13.
The Bajaj Group is involved in industries such as sugar, consumer goods, power generation, and infrastructure development. In 1953, Kamalnayan Bajaj established Bajaj Sevashram to market and sell hair oils and other beauty products. [5] Bajaj Consumer Care Ltd. is the third-largest player in India's hair oils production, including light hair oil.
Mahindra Finance's wholly owned subsidiary, Mahindra Business & Consulting Services Private Limited (MBCSPL), provides staffing services primarily to Mahindra Finance. It also serves the subsidiaries (MIBL and MRHFL) and parent company (Mahindra & Mahindra Limited). During the year, MBCSPL deputed 8,098 employees to these companies.