About Bajaj Finserv Limited 

Bajaj Finserv Ltd. is one of India’s largest and most diversified financial services groups, incorporated in 2007 and listed on both BSE Ltd. and the National Stock Exchange of India Ltd. Part of the Bajaj Group, the company’s ethos is rooted in responsible growth and service to India. Its portfolio spans loans, deposits, general and life insurance, investments, health, asset management, broking, and allied financial services, serving mass-affluent and middle-income customers.

The group positions itself as a financial lifecycle partner for every Indian, leveraging technology and analytics to create value across the customer journey while scaling with efficiency. In FY25, Bajaj Finserv reported consolidated revenue from operations of ₹133,821.05 crore.

Global operations are overwhelmingly India-based, with a presence across 28 states and 8 union territories and a network of 5,381 offices. International exposure is modest, contributing less than 1% of revenue, largely via Bajaj Finserv Health Ltd. in two markets.

Its customer and distribution backbone is extensive: 308+ million customers served, 4,200+ locations, 750+ products, 225,000+ insurance agents, and 340,000 active insurance points of sale.

Key group companies include Bajaj Finance Ltd., Bajaj Housing Finance Ltd., Bajaj Allianz General Insurance Co. Ltd., Bajaj Allianz Life Insurance Co. Ltd., Bajaj Finserv Health Ltd., Bajaj Finserv Direct Ltd., Bajaj Financial Securities Ltd., and Bajaj Finserv Asset Management Ltd. Customers range from individuals (salaried and self-employed) to SMEs, corporates, farmers, and government entities.

Bajaj Finserv Limited’s Business Segments

Bajaj Finserv reports five primary segments on a consolidated basis:

• Retail financing: ₹69,040.06 crore
• General insurance: ₹31,824.46 crore
• Life insurance: ₹31,621.61 crore
• Investments and others: ₹1,313.71 crore
• Windmill: ₹22.28 crore

Bajaj Finserv Limited Key Management

• Sanjiv Bajaj, Chairman & Managing Director
• Ramandeep Singh Sahni, Chief Financial Officer
• Sam Subramaniam, President (Private Equity Investments & Group Strategy)

Bajaj Finserv Limited’s FY2025 Highlights

Lending and Housing Finance

• Bajaj Finance Ltd. (BFL): Assets under management surpassed ₹400,000 crore with a customer franchise of over 100 million. PAT stood at ₹16,638 crore with ROA of 4.6% and ROE of 19.2%.
• Bajaj Housing Finance Ltd. (BHFL): Successfully listed on NSE and BSE via a ₹6,560-crore IPO.

Insurance Performance

• Bajaj Allianz Life Insurance (BALIC): IRNB premium rose 12% to ₹7,067 crore; gross written premium was ₹27,160 crore; PAT stood at ₹508 crore; value of new business (VNB) was ₹1,152 crore; embedded value reached ₹23,805 crore; and AUM stood at ₹123,734 crore. The solvency ratio was an industry-leading 359%, with retail and group claim settlement ratios of 99.3% and 99.8%, respectively.

Strategic Acquisitions

• Bajaj Finserv signed definitive agreements to acquire Allianz’s 26% stake in both Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance, making the Bajaj group sole owner (100%).
• As part of the structure, Bajaj Finserv Ltd. will initially acquire 1.01% in each insurance company (first tranche, overall Bajaj group ≥6.1%). The agreements also include acquiring Allianz’s 50% stake in Bajaj Allianz Financial Distributors Ltd.

Technology and AI

• Over 300 Generative AI projects launched across group companies.
• Bajaj Finance is pivoting to “BFL 3.0” as a FinAI company, embedding AI in sales, risk, operations, and service.
• Customer-facing outcomes included 70.6 million net installs of the Bajaj Finserv app (BFL) and 81.8% digital servicing at Bajaj Allianz General Insurance.

Scale and Inclusion

• Group companies disburse ~140,000 loans per day and issue ~130,000 insurance policies per day, underlining their scale and role in financial inclusion.