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Bajaj Auto’s arm gets RBI Certificate to carry on business of nonbanking financial institution

04 Sep 2023 Evaluate

Bajaj Auto’s wholly-owned subsidiary -- Bajaj Auto Consumer Finance has received certificate of registration from Reserve Bank of India (RBI) to commence/carry on the business of nonbanking financial institution without accepting public deposits, subject to the conditions given in the said certificate. The company has received approval on August 31, 2023

Bajaj Auto is an Indian company which manufactures motorcycles, three-wheelers and quadricycles.

Peers
Company Name CMP
Bajaj Auto 10061.25
TVS Motor Company 3967.25
Hero MotoCorp 5053.25
Eicher Motors 6999.00
OLA Electric Mobilit 29.91
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