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Bajaj Finserv signs MoU with Maharashtra government

05 Jun 2023 Evaluate

Maharashtra government has signed a Memorandum of Understanding (MoU) with Bajaj Finserv under which the non-banking finance company will invest Rs 5,000 crore in Pune which is expected to create 40,000 jobs. After signing the MoU, Pune was gradually becoming a hub for financial services and the latest development involving Bajaj Finserve would boost the sector.

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.


Peers
Company Name CMP
Bajaj Finserv 1724.35
TVS Holdings 11614.00
Cholamandalam Fin. 1381.90
Altius Telecom Infra 173.00
Kama Holdings 2239.70
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