Bajaj Finserv Ltd.

Bajaj Finserv’s board has approved to invest Rs 342 crore in Bajaj Finserv Direct, wholly owned subsidiary of the Company. Investment is intended to support existing line of businesses. The investment would be undertaken at an arms-length price based on an independent valuation report. The investment has also been approved by audit committee of BFS. The Board of Directors at its meeting held on July 21, 2021 has approved the same. 

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