Bajaj Finance
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About Bajaj Finance
Bajaj Finance Limited is the most diversified NBFC in the country, financing the widest set of outcomes. Our entire portfolio is designed to enable you to take control of your aspirations which could be as varied as improving your lifestyle, buying new motorcycle or household goods, or indulging in that much deserved family holiday; whatever be your plan, we have the capability to support it. The Auto Finance division, Bajaj Auto Finance, has been in operations since 1987 and has served more than 30 lakh customers across India. We offer our customers vehicle loans for the purchase of their favorite Bajaj bikes from amongst all the variants namely Pulsar, Avenger, Discover, Platina and the latest V besides KTM bikes. We also provide easy and attractive financing schemes for a wide range of Bajaj RE three wheelers. Bajaj Finance has modern infrastructure facilities with state-of- art technology which includes automated cheque handling facilities, and computerized loan accounting with on-line customer data to handle customer transactions and requests efficiently. At Bajaj Auto Finance, we believe in offering the best and quickest services to our customers while providing the finest infrastructure facilities such as automated cheque handling, computerized loan accounting and instant eKYC etc.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 4.0/5 based on 6.4k reviews | 4.0/5 based on 37.3k reviews | 3.9/5 based on 38.3k reviews | 3.8/5 based on 24.7k reviews |
Highly Rated for | Salary Skill development Job security | Job security Skill development Company culture | Job security Skill development | No highly rated category |
Critically Rated for | No critically rated category | No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 79% employees reported | Work from office 92% employees reported | Work from office 85% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.9 Good rated by 565 women | 3.9 Good rated by 9.8k women | 3.7 Good rated by 7.9k women | 3.6 Good rated by 5.3k women |
Rating by Men Employees | 4.0 Good rated by 5.5k men | 4.0 Good rated by 25.7k men | 3.9 Good rated by 28.4k men | 3.8 Good rated by 18.3k men |
Job security | 3.9 Good | 4.1 Good | 4.0 Good | 3.7 Good |
Bajaj Finance Salaries
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HDFC Bank, Axis Bank, LIC Housing — RBI's Liquidity Boost Positive For Banks, NBFCs
- The Reserve Bank of India's liquidity infusion of Rs 1.5 lakh crore through various special measures will be positive for banks and non-bank financial companies.
- HDFC Bank, Axis Bank, Federal Bank, and Bank of Baroda will benefit from the liquidity measures due to their stretched loan-to-deposit ratio.
- LIC Housing Finance, Bajaj Finance, and Mahindra & Mahindra Financial Services will benefit from easing wholesale rates.
- Jefferies expects easing on liquidity coverage ratio and other aspects in RBI monetary policy committee meeting.
Bajaj Finance Q3 Results: Date, Time, Earnings Schedule, Share Price History And More
- Bajaj Finance is set to declare its Q3 results on January 29.
- The senior management will hold an earnings call at 6:30 p.m. on Jan. 29.
- Over the past five trading sessions, shares of Bajaj Finance dipped 1.47%.
- In Q2, Bajaj Finance reported a 13% YoY increase in profit.
Bajaj Finance Share Price Dips On GST Demand of Rs 863 Crore
- Shares of Bajaj Finance fell by 1.19% following the announcement of a GST demand of Rs 863 crore from Pune tax authorities. The demand is related to upfront interest collected by the company on loans for consumer durable goods.
- The demand pertains to interest collected upfront from customers under agreements with manufacturers and dealers. The tax authorities classify upfront interest as a fee, triggering the GST demand.
- The total demand confirmed by authorities is Rs 341.28 crore in GST dues, with additional interest liabilities and penalties. Bajaj Finance is filing an appeal before the Commissioner (Appeals-II) of CGST, Pune.
- Shares of Bajaj Finance initially dropped by 1.19% but later recovered to trade 0.32% lower at Rs 7,414.50 apiece. Analysts have a mix of 'buy,' 'hold,' and 'sell' ratings on the stock.
Bajaj Finance faces ₹863.15 crore GST demand from Pune tax office
- Bajaj Finance faces ₹863.15 crore GST demand from Pune tax office.
- The demand includes a GST demand of ₹341.28 crore, interest liability of ₹180.59 crore, and penalty of ₹341.28 crore.
- The demand is related to loans offered at concessional rates for the purchase of consumer durable goods.
- Bajaj Finance is in the process of filing an appeal against the order.
Financial Sector Poised For Earnings Growth Revival, Says BNP Paribas
- India's financial sector is expected to experience an earnings growth revival, according to BNP Paribas.
- Liquidity support and expected rate cuts by the Reserve Bank of India are believed to drive acceleration in credit and Current Account Savings Account growth.
- Concerns exist in the unsecured lending segment, particularly for fintechs and new-generation non-banking financial companies.
- BNP Paribas recommends HDFC Bank Ltd. as its top pick among banks and Bajaj Finance Ltd. as its top choice among NBFCs.
Bajaj Finance, Bharti Airtel Collaborate To Create Digital Platforms For Financial Services
- NBFC firm Bajaj Finance and Bharti Airtel announced a strategic partnership to create a digital platform for financial services.
- Airtel will offer Bajaj Finance's retail financial products on its Airtel Thanks App initially, and later through its nationwide network of stores.
- The collaboration aims to significantly deepen the penetration of financial products and services.
- The partnership will prioritize regulatory compliance, data privacy and security, and seamless customer service.
Airtel, Bajaj Finance To Build Digital Platform For Financial Services
- Telecom major Bharti Airtel and Bajaj Finance have partnered to build a digital platform for financial services.
- The collaboration aims to create India's largest digital platform for financial services.
- Initially, Airtel will offer Bajaj Finance's products on its Airtel Thanks App.
- The partnership plans to roll out additional financial offerings including gold loans, business loans, personal loans, and a co-branded Insta EMI card.
From Kotak Mahindra Bank To Wipro, SBI Life: Nifty 50 Top Gainers And Losers On Jan. 20
- Kotak Mahindra Bank and Wipro saw significant gains after their Q3 results.
- Top gainers among Nifty 50 stocks were Kotak Mahindra Bank, Wipro, Bajaj Finance, NTPC, and Bajaj Finserv.
- Top losers among Nifty 50 stocks were SBI Life Insurance, Trent, Shriram Finance, and HDFC Life Insurance.
- The BSE Sensex closed 454 points up, while the NSE Nifty 50 ended 141 points higher.
Airtel, Bajaj Finance partner to offer financial services
- Airtel and Bajaj Finance have partnered to offer financial services.
- Airtel's customer base of 370 million and Bajaj Finance's distribution network will be leveraged for this partnership.
- Initially, two products of Bajaj Finance will be available on the Airtel Thanks App, with more to be added later.
- Customers will have access to flexible EMI options and payment plans for various purchases.
Airtel, Bajaj Finance Tie Up To Create Digital Platform For Financial Services
- Bharti Airtel and Bajaj Finance have entered into a strategic partnership to create a digital platform for financial services.
- Airtel will offer Bajaj Finance's retail financial products on its Airtel Thanks App for a seamless and secure customer experience.
- The partnership aims to deepen the penetration of financial products and services using the combined reach and distribution strength of both companies.
- Bajaj Finance stock rose by 4.01% and Airtel stock rose by 1.03% following the announcement of the partnership.
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