Bajaj Finserv Ltd is a holding firm for the various financial services businesses underneath the Bajaj group. Learn extra about Bajaj Group of Company | Subsidiaries
Profile of Bajaj Finserv Ltd
Bajaj Finserv Ltd participates in numerous companies by means of controlling stakes. The financing enterprise by means of its 52.49% holding in Bajaj Finance Ltd. (BFL), a big, nicely recognised and extremely worthwhile listed enterprise.
- Income: ₹ 73,140 Cr.
- Dividend Yield: 0.02 %
- ROCE: 11.4 %
- ROE: 12.0 %
- Face Worth: ₹ 1.00
- Promoter holding: 60.8 %
- Debt to fairness: 4.22
The Firm Business contain
- Asset acquisition and life-style enhancement by means of financing
- Asset safety by means of common insurance coverage
- Household safety by means of life and medical health insurance
- Offering healthcare wants for the household
- Providing financial savings merchandise
- Wealth administration, and
- Retirement planning and annuities.
Subsidiary companies
The Company has 4 materials subsidiaries viz.
- Bajaj Finance Ltd.,
- Bajaj Allianz Life Insurance Firm Ltd
- Bajaj Allianz General Insurance Company Ltd and
- Bajaj Housing Finance Ltd.
Additional the Firm has 4 wholly owned subsidiaries viz.,
- Bajaj Finserv Health Ltd., Bajaj Finserv Ventures Ltd.,
- Bajaj Finserv Asset Management Ltd. and
- Bajaj Finserv Mutual Fund Trustee Ltd.
The Firm additionally has Bajaj Financial Securities Ltd. as its subsidiary which is a wholly owned subsidiary of Bajaj Finance Ltd.
Consumer Finance and Lending Bajaj Finance Ltd. (BFL)
Bajaj Finance Limited is amongst India’s main and most diversified non-banking monetary firms (NBFCs). Bajaj Finance is a deposit-taking Non-Banking Monetary Firm (NBFC) registered with the RBI. It’s a subsidiary of Bajaj Finserv Ltd., and is engaged within the enterprise of lending and acceptance of deposits. BFL has a diversified lending portfolio throughout retail, SMEs and industrial clients with vital presence in city and rural India.
- 35 Years of operations
- 57.6 million Clients served
- 27% Capital adequacy ratio
- 197,452 crore Assets under Management
It accepts public and corporate deposits and gives variety of monetary companies products to its clients. In turn, Bajaj Finance Limited has a 100% unlisted subsidiary known as Bajaj Housing Finance Ltd. (BHFL), which is a worthwhile and quick rising enterprise engaged in numerous facets of housing finance and growth.
The company geographic presence spans 3,504 places throughout the nation, together with 2,136 places in rural/smaller
cities and villages and total distribution community is 133,200+.
- CONSUMER FINANCE
- Consumer Durable Loan
- Digital Product Loan
- Lifestyle Product Loan
- Lifecare Finance
- 2-Wheeler & 3-Wheeler Loan
- Personal Loan
- Home Loan
- Loan Against Property
- Gold Loan
- PAYMENTS
- EMI Network Card
- Health EMI Card
- Co-branded Credit Card
- Co-branded Wallet
- PPI, UPI, BBPS
- SME FINANCE
- Working Capital Loan
- Loan to Self-employed and
- Professionals
- Secured Enterprise Loan
- Used-car Finance
- Medical Equipment Finance
- INSURANCE
- Life, General & Health Insurance
- Distribution
- Pocket Insurance
- INVESTMENTS
- Systematic Deposit Plan
- Mutual Fund
- Term Deposit
- COMMERCIAL LENDING
- Loan Against Securities
- IPO Finance
- ESOP Finance
- Vendor Finance
- Financial Institutions Lending
- Light Engineering Lending
- Specialty Chemicals Lending
- SECURITIES
- Trading Account
- Depository Services
- Margin Trading Finance
- HNI Broking
- Retail Broking
Bajaj Finance Limited additionally has one other 100% unlisted subsidiary known as Bajaj Monetary Securities Ltd. (BFinsec), which is registered with the Securities and Trade Board of India (SEBI) as a stockbroker and depository participant. BFinsec is a stockbroker that gives its purchasers a full suite of funding services and products in an all-in-one digital platform. Life, common and medical health insurance companies by means of its 74% holding in two unlisted subsidiaries, particularly:
- Bajaj Allianz Life Insurance Company Ltd. (BALIC); and
- Bajaj Allianz General Insurance Company Ltd. (BAGIC).
The mutual fund and asset management companies through Bajaj Finserv Asset Administration Ltd., a 100% subsidiary of BFS. Having obtained an in-principle approval to set up the asset administration firm, it’s within the technique of finishing the necessities for the ultimate licence.
Bajaj Finserv additionally has investments in renewable vitality within the type of 138 windmills located in Maharashtra with an mixture put in capability of 65.2 MW.
Bajaj Housing Finance Limited (BHFL)
Bajaj Housing Finance Ltd. (BHFL), a 100% subsidiary of BFL, began its lending operation from July 2017. It gives the next merchandise to its clients: (i) house loans; (ii) mortgage towards property; (iii) lease rental discounting; and (iv) developer financing. It also has a devoted vertical providing house loans and mortgage towards property to rural people and MSME clients.
Bajaj Financial Securities Ltd. (BFinsec)
BFinsec, a 100% subsidiary of BFL, is registered with the SEBI as a stockbroker and depository participant. It began its enterprise operations from August 2019 to ring fence Mortgage Towards Securities (LAS) clients of BFL by offering them a full suite of funding services and products.
It gives demat, broking, margin commerce financing and financing for provide on the market to retail and HNI purchasers. It gives unfold financing to its clients by means of BFL. With a view to offer higher buying and selling expertise to its clients, BFinsec upgraded its web site and cell buying and selling app so as to add a number of main capabilities together with a number of charts, E-Acquire characteristic for hassle-free fund addition and so forth.
With a base of roughly 331,000 clients as of 31 March 2022, BFinsec gives demat and broking companies to HNIs with excessive degree of customisation , demat and broking for retail clients with a number of technique of digital entry other than call-in-trade and Margin Commerce Financing for each HNI and retail purchasers.
Bajaj Finserv Direct Ltd. (Bajaj Markets)
One other subsidiary of Bajaj Finserv Ltd, this can be a digital market for monetary companies merchandise from loans to playing cards to insurance coverage, mutual funds, investments, life-style merchandise, funds and e-commerce. The concept is to draw new-to-Finserv clients by creating consciousness and discovery of the Finserv model in a seamless digital medium.
Bajaj Finserv Health Ltd
Additionally a 100% subsidiary of BFS, this can be a well being tech enterprise which goals to rework healthcare in India by integrating a fragmented healthcare supply ecosystem with expertise and monetary companies on a digital platform to convey high quality healthcare nearer to shoppers’ attain by means of merchandise, networks and expertise. For example, it launched ‘Aarogya Care’, an industry-first product, providing a variety of personalised, preventive and pay as you go healthcare packages akin to OPD care, telemedicine, and different companies.
Bajaj Finserv Ventures Ltd is A 100% subsidiary of Bajaj Finserv Ltd, this is an investment platform for alternate assets.
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