Bajaj Finance is seen as one of the major contenders for applying the new banking license. In its third quarter earnings, the company has cautiously reduced its exposure to infrastructure lending while extending credit to the affluent class for buying white goods (viz. fridge, tv, washing machine) and vehicles.

Consumer biz boosts growth, demand to pick up: Bajaj Fin

Rajeev Jain, CEO, Bajaj Finance explains on CNBC-TV18 that the company was able to post a growth of 37 percent thanks to the superlative performance by the company‘s consumer businesses- the consumer electronics financing and the two-wheeler financing arms

Bajaj Fin to raise Rs 750 crore via rights issue: CEO

Rajeev Jain, CEO, Bajaj Finance, says that the company plans to raise Rs 750 crore, which will take care of our growth needs for the next 2.5-3 years and we will be well capitalized to fund our growth.

Infra lending to de-grow by 8% in FY13: Bajaj Finance

Higher loan provisions tempered Pune-based Bajaj Finance's second quarter (July-September) net profit growth. Without the provisions, the non-banking finance company's net profit would have risen 58% instead of 48%, chief executive Rajeev Jain told moneycontrol.com.

Will raise funds in time; consumer demand stable: Bajaj Fin

Rajeev Jain, CEO, Bajaj Finance explains to CNBC-TV18 that the company will raise funds well in time, maybe in the January- March quarter next year. Jain adds that there has been no fall in demand in the company‘s consumer durables and two-wheeler segments.

Rights issue proceeds to fund growth plans: Bajaj FinServ

MD of Bajaj FinServ Sanjiv Bajaj tells CNBC-TV18 that the proceeds of their rights issue will be used to fund growth and expansion plans.

Margins steady, Bajaj Fin eyes 25-30% loan growth in FY13

Rajeev Jain, CEO of Bajaj Finance said the net profit after tax has been driven up mainly because of credit performance which holds reasonably steady across most of the company‘s businesses. He further added that the margins too are quite secure.

See AUM around Rs 13000cr by Q4-end: Bajaj Finance

In an interview to CNBC-TV18, Rajeev Jain, chief executive officer of Bajaj Finance says, the third quarter has been excellent. According to him, demand has slowed down. “The overall competitive environment remains benign. That is helping us continue to hold our guidance of close to Rs 13,000 crore of AUM by end of Q4,” he adds.

Life insurance biz topline to grow from Q3: Bajaj FinServ

In an interview to CNBC-TV18, Sanjiv Bajaj, managing director of Bajaj FinServ said, the life insurance business has seen very strong profit. “But on the top-line, the industry and we have continued through four-five quarters of declining growth.” From third-fourth quarter, he expects some growth coming on the top-line of life insurance business.

Bajaj Finserv sees sales slowing from Q3

Sanjiv Bajaj, managing director of Bajaj FinServ & Investments, in an interview with CNBC-TV18's Latha Venkatesh, said that their will either be a slowdown on topline growth or crimping of margins with Reserve Bank of India's (RBI) shocking rate hike.

Bajaj Fin sees loan book at Rs 11500-12000cr by FY12-end

In an interview with CNBC-TV18, Rajeev Jain, chief executive officer of Bajaj Finance said, the company is continuing to see improvement in asset quality across lines of business. He sees loan book at Rs 11,500-12,000 by FY12-end.

Fund raising will boost Bajaj Finance's growth over 3 years

Sanjiv Bajaj, MD, Bajaj Finserv in an interview with CNBC-TV18 spoke about its subsidiary Bajaj Finance which is raising additional funds to the tune of Rs 750 crore through qualified institutional placement (QIP) and a preferential issue.

More rate hikes can hurt Bajaj Finserv's margins in H2FY12

Bajaj Finserv has reported a strong quarter with income surging to Rs 1300 crore. Sanjiv Bajaj, MD, tells CNBC-TV18 that the company can maintain its margins in the next 2 quarters, but a further hike in interest rate could play spoilsport ahead.

Full yr target for disbursements at Rs 9,000cr: Bajaj Fin

Rajeev Jain, CEO of Bajaj Finance, in an interview on CNBC-TV18 said the company delivered its highest ever profits in the third quarter for this financial year. “For nine months of the year as well, the company has had an excellent run so far where we are up 180% YoY on a consolidated basis,” he claimed.