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Bajaj Finserv - Revision history
2026-08-17T12:28:27Z
Revision history for this page on the wiki
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ChristenaMcGraw: Page updated with relevant improvements
2026-02-05T03:54:30Z
<p>Page updated with relevant improvements</p>
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ChristenaMcGraw
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>Wbm1058: redirect bypass from Financial Services to Financial services using popups
2021-06-22T16:44:54Z
<p>redirect bypass from <a href="/w/index.php?title=Financial_Services&action=edit&redlink=1" class="new" title="Financial Services (page does not exist)">Financial Services</a> to <a href="/wiki/Financial_services" title="Financial services">Financial services</a> using <a href="https://en.bharatpedia.org/wiki/Wikipedia:Tools/Navigation_popups" class="extiw" title="en:Wikipedia:Tools/Navigation popups">popups</a></p>
<p><b>New page</b></p><div>{{short description|Indian financial services company}}<br />
{{Use Indian English|date=September 2015}}<br />
{{Use dmy dates|date=September 2015}}<br />
{{Infobox company<br />
| logo = Bajaj Finserv Logo.svg<br />
| name = Bajaj Finserv Limited<br />
| type = [[Public Company|Public]]<br />
| traded_as = {{NSE|BAJAJFINSV}}<br />{{BSE|532978}}<br /><br />
[[BSE SENSEX|BSE SENSEX Constituent]]<br />[[NIFTY 50|NSE NIFTY 50 Constituent]]<br />
| ISIN = INE918I01018<br />
| industry = [[Financial services]]<br />
| fate = <br />
| predecessor = <br />
| successor = <br />
| foundation = {{Start date and age|2007|5|p=y}}<ref name="BalSheet"/><br />
| founder = [[Jamnalal Bajaj]] {{citation needed|date=December 2020}}<br />
| defunct = <br />
| location_city = [[Pune, Maharashtra]]<br />
| location_country = [[India]]<br />
| locations = <!-- Number of locations, stores, offices, etc. --><br />
| area_served = <br />
| key_people = {{ubl|[[Rahul Bajaj]] <br />{{small|(Chairman)}}| [[Sanjiv Bajaj]]<br /> {{small|(MD & CEO)}}<ref>{{cite web |title=Latest Bajaj finserv ltd information at www.indiainfoline.com |url=http://www.indiainfoline.com/markets/company/background/company-profile/bajaj-finserv-ltd/28075 |website=Indiainfoline.com|language=en}}</ref>}}<br />
| products = [[Insurance]], [[credit cards]], [[mutual fund]], [[mortgage loan]]s, [[investment management]]<ref>{{cite web |title=Apply for Loans, EMI Finance, Credit Card and Insurance – Bajaj Finserv |url=http://www.bajajfinserv.in/ |website=bajajfinserv.in}}</ref><br />
| revenue = {{increase}}{{INRConvert|54351.47|c}}<ref name="incomestate">{{cite web |title=Bajaj Finserv Consolidated Profit & Loss account, Bajaj Finserv Financial Statement & Accounts |url=https://www.moneycontrol.com/financials/bajajfinserv/consolidated-profit-lossVI/BF04#BF04 |website=moneycontrol.com |language=en}}</ref><br />
| revenue_year = 2020<br />
| operating_income = {{increase}}{{INRConvert|8301|c}}<ref name="incomestate"/><br />
| income_year = 2020<br />
| net_income = {{increase}}{{INRConvert|3369.13|c}}<ref name="incomestate"/><br />
| net_income_year = 2020<br />
| assets = {{increase}}{{INRConvert|251384.19|c}}<ref name="BalSheet">{{Cite web|title=Bajaj Finserv Consolidated Balance Sheet, Bajaj Finserv Financial Statement & Accounts|url=https://www.moneycontrol.com/financials/bajajfinserv/consolidated-balance-sheetVI/BF04#BF04|access-date=14 July 2020|website=moneycontrol.com|language=en}}</ref><br />
| assets_year = 2020<br />
| equity = {{increase}}{{INRConvert|31301.25|c}}<ref name="BalSheet"/><br />
| equity_year = 2020<br />
| num_employees = 26,969 (2020)<ref name="BalSheet"/><br />
| parent = [[Bajaj Group]]<ref name="BalSheet"/><br />
| divisions = <br />
| subsid = [[Bajaj Allianz General Insurance]]<br />[[Bajaj Allianz Life Insurance]]<br />Bajaj Housing Finance Ltd.<ref name="BalSheet"/><br />[[Bajaj Finance]] Ltd.<ref name="auto">{{Cite web|url=https://www.moneycontrol.com/annual-report/bajajfinserv/chairmans-speech/BF04|title=Bajaj Finserv Chairman's Speech > Finance - Investments > Chairman's Speech from Bajaj Finserv - BSE: 532978, NSE: BAJAJFINSV|website=www.moneycontrol.com}}</ref><br />Bajaj Finserv Markets <ref name="ibs">{{Cite web|url=https://ibsintelligence.com/ibsi-news/acko-partners-with-bajaj-finservs-subsidiary-finserv-markets/|title=ACKO partners with Bajaj Finserv’s subsidiary – Finserv MARKETS|website=ibsintelligence.com}}</ref><br />
| homepage = {{URL|http://www.bajajfinserv.in/}}<br />
}}<br />
'''Bajaj Finserv Limited''', a part of Bajaj Holdings & Investments Limited, is an Indian [[financial services]] company<ref>[https://www.bloomberg.com/quote/BJFIN:IN "Bajaj Finserv Ltd"] ''Bloomberg''. Retrieved 2014-11-03.</ref><ref>[http://www.indiainfoline.com/markets/company/background/company-profile/bajaj-finserv-ltd/28075 "Bajaj Finserv Ltd"] ''India Infoline''. Retrieved 2014-11-03.</ref> focused on lending, asset management, [[wealth management]] and [[insurance]].<ref>[http://economictimes.indiatimes.com/bajaj-finserv-ltd/infocompanyhistory/companyid-21426.cms "Bajaj Finserv Ltd."] ''The Economic Times''. Retrieved 2014-11-03.</ref><ref>[http://timesofindia.indiatimes.com/Business/India-Business/Bajaj-Finserv-to-float-a-housing-finance-company/articleshow/42194853.cms "Bajaj Finserv to float a housing finance company"] ''The Times of India''. Retrieved 2014-11-03.</ref><ref>[http://www.finalaya.com/News/Bajaj-Finserv-reports-15-rise-in-Q1-consolidated-net-profit-N331349.aspx "Bajaj Finserv reports 15% rise in Q1 consolidated net profit"] {{Webarchive|url=https://web.archive.org/web/20141104060115/http://www.finalaya.com/News/Bajaj-Finserv-reports-15-rise-in-Q1-consolidated-net-profit-N331349.aspx |date=4 November 2014 }} ''Finalaya''. Retrieved 2014-11-03.</ref><br />
<br />
The company employs over 20,154 employees at 1,409 locations, and is engaged in consumer finance businesses, life insurance, and general insurance.<ref>[http://www.business-standard.com/article/companies/bajaj-finserv-s-q1-consolidated-net-profit-rises-14-114071600994_1.html "Bajaj Finserv's Q1 consolidated net profit rises 14%"] ''Business Standard''. Retrieved 2014-11-03.</ref> Apart from financial services, Bajaj Finserv is also active in wind–energy generation with an installed capacity of 65.2 MW.<ref name="auto"/><ref>{{cite news|url=http://articles.economictimes.indiatimes.com/2014-07-01/news/51002912_1_sanjiv-bajaj-bajaj-group-rahul-bajaj|title=Post division, brothers Rajiv and Sanjiv Bajaj taking Bajaj Group to new highs|newspaper=The Economic Times|access-date=2014-11-03|archive-url=https://web.archive.org/web/20140707070328/http://articles.economictimes.indiatimes.com/2014-07-01/news/51002912_1_sanjiv-bajaj-bajaj-group-rahul-bajaj|archive-date=2014-07-07}}</ref><ref>[http://www.thewindpower.net/windfarm_en_17161_bajaj-finserv-ltd.php "Bajaj Finserv Ltd windfarm (India)"] ''The WindPower''. Retrieved 2014-11-03.</ref><br />
<br />
Bajaj Finserv was ranked among ''[[The Economic Times]]'' 500 as #119 in 2014.<ref>[http://economictimes.indiatimes.com/bajaj-finserv-ltd/infocompanyhistory/companyid-21426.cms "Bajaj Finserv Ltd."] ''[[The Economic Times]]''. Retrieved 2014-11-03.</ref><br />
<br />
Bajaj Finance Limited (BFL), participates in the financial business and is a company listed on The Stock Exchange, Mumbai ([https://www.bseindia.com/ BSE]) and the National Stock Exchange ([https://www.nseindia.com/ NSE])<br />
<br />
==Background==<br />
<br />
The financial services and wind energy businesses were transferred to Bajaj Finserv Limited (BFS) as part of the recently concluded demerger from [[Bajaj Auto|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.<ref>[http://articles.economictimes.indiatimes.com/2007-08-18/news/27675728_1_demerger-scheme-bajaj-holdings-bajaj-auto "Bajaj Auto demerger approved"] ''The Economic Times''. Retrieved 2014-11-03.</ref><br />
<br />
Bajaj Holdings has been registered as a [[NBFC & MFI in India|Non–Banking Financial Company (NBFC)]] under the Registration No. N–13.01952 dated 29 October 2009 with [[Reserve Bank of India]] (RBI).<ref>{{Cite web|url=https://www.bajajauto.com/bhil/index.html|title=Bajaj Holdings and Investment Ltd.|website=bajajauto.com|access-date=2019-01-21}}</ref> The company is classified as a Systemically Important Non–deposit-taking NBFC as per RBI Regulations.<br />
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== References ==<br />
{{Reflist}}<br />
<br />
==External links==<br />
*{{Official website|http://www.bajajfinserv.in/}} (Bajaj Finserv Direct Limited)<br />
*[https://www.bajajfinservmarkets.in/ Bajaj Finserv Markets] (Subsidiary)<br />
[https://www.bajajfinservhealth.in/ Bajaj Finserv Health] (Subsidiary)<br />
{{Bajaj Group}}<br />
{{Nifty 200 companies}}<br />
{{S&P CNX Nifty companies}}<br />
{{BSE Sensex}}<br />
<br />
{{DEFAULTSORT:Bajaj Finserv}}<br />
[[Category:Bajaj Auto]]<br />
[[Category:Bajaj Group]]<br />
[[Category:Companies listed on the Bombay Stock Exchange]]<br />
[[Category:Financial services companies based in Pune]]<br />
[[Category:Financial services companies established in 2007]]<br />
[[Category:NIFTY 50]]<br />
[[Category:Indian companies established in 2007]]<br />
[[Category:BSE SENSEX]]<br />
[[Category:2007 establishments in Maharashtra]]</div>
>Wbm1058