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    Bajaj Finance - Wikipedia

    • Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. It has a customer base of 88.11 million and holds assets under management worth ₹354,192 crore (US$41 billion), as of June 2024. As per the 2023 list of NBFCs issued by the Reserve Bank of India, Bajaj Finance Limited holds the second position in the … 展开

    History

    Originally incorporated as Bajaj Auto Finance Limited on March 25, 1987, as a non-banking financial company, … 展开

    Operations

    As of March 2023, the company deals in consumer lending, SME (small and medium-sized enterprises) lending, commercial lending, rural lending, deposits, and wealth management. And, across 3800 towns, it has 29… 展开

    Subsidiaries

    • Bajaj Housing Finance, as a wholly owned subsidiary of Bajaj Finance, provides various housing finance products, including home loans, loans against property, and lease rental discounting, among others. In June 2024, it ha… 展开

    Financials

    In the year 2021, an analysis using Spearman's rank correlation coefficient was conducted to examine the relationship between revenue factors and non-performing assets (NPA) parameters in Indian … 展开

    Funding and investments

    The parent company, Bajaj Finserv Limited, holds 52.49% of the total shares and has a controlling stake in the subsidiary. Other major investors include Maharashtra Scooters Limited, the Monetary Authority of Singapore展开

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