Bajaj Finserv


Bajaj Finserv Limited, a part of Bajaj Holdings & Investments Limited, is an Indian financial services company focused on lending, asset management, wealth management and insurance.
The company employs over 20154 employees at 1409 locations, and is engaged in consumer finance businesses, life insurance, and general insurance. Apart from financial services, Bajaj Finserv is also active in wind–energy generation with an installed capacity of 65.2 MW.
Bajaj Finserv was ranked among The Economic Times 500 as #119 in 2014.
Bajaj Finance Limited, participates in the financial business and is a company listed on The Stock Exchange, Mumbai and the National Stock Exchange

Background

The financial services and wind energy businesses were transferred to Bajaj Finserv Limited as part of the recently concluded demerger from Bajaj Auto Limited, approved by the High Court of Judicature at Bombay by its order dated 18 December 2007. The demerger was effective on 31 March 2007.
Bajaj Holdings has been registered as a Non–Banking Financial Company under the Registration No. N–13.01952 dated 29 October 2009 with Reserve Bank of India. The company is classified as a Systemically Important Non–deposit-taking NBFC as per RBI Regulations.