Rajeev Jain

Net profit up 22 percent, driven by strong asset growth even as provisions remained elevated

Bajaj Finance curtails Karnataka exposure by up to 50%, amid political, regulatory risk: MD Rajeev Jain

Karnataka accounted for 11 percent of the company’s balance sheet, making this a significant recalibration

Bajaj Finance shares soar to record high on Rajeev Jain's elevation; brokerages eye target of Rs 11,000

Brokerages raised their target price on Bajaj Finance shares as recent developments have addressed a key overhang, and the succession plan is "well executed".

Bajaj Finserv elevates Rajeev Jain as vice chairman, appoints Anup Kumar Saha as MD

The development confirms Moneycontrol's newsbreak that said both Jain and Saha are set to receive promotions as part of the group's succession planning exercise

Bajaj Finance’s Rajeev Jain likely to be elevated to Bajaj Finserv’s board

Anup Saha, who joined Bajaj Finance in 2017 from ICICI Bank and was elevated to the role of deputy MD recently, may take over the reins of the NBFC from Jain.

Bajaj Finance not to originate loans from Bajaj Auto

The move follows Bajaj Auto’s decision to create its captive financing unit – Bajaj Auto Credit Limited, which started its operations in March 2024

Jefferies raises Bajaj Finance target price, sees 17% upside

The analysts referred to a presentation made by the consumer that detailed on new verticals and succession planning

Bajaj Finance reappoints Rajeev Jain as MD

"The board of directors, at its meeting held on March 17, 2020, has reappointed Rajeev Jain, managing director of the company for a further period of five years with effect from April 1, 2020," Bajaj Finance said in a filing to BSE.

FGILI enters into bancassurance pact with Bajaj Finance

Under the agreement, Bajaj Finance will offer individual saving and protection products of Future Generali India Life Insurance to their new and existing customers through their vast nationwide distribution network, a release issued here said today.

BajajFin hopeful of 20% profit growth on sustained basis

Speaking to CNBC-TV18 Rajeev Jain, MD of Bajaj Finance said that post demonetisation all verticals except for business loans have seen growth and the company has decided to be more cautious on loan against property and small businesses.

Intex eyes Rs 100 cr from handsets exports this fiscal

The company has presence in Nepal, Sri Lanka, Bangladesh, Vietnam, Myanmar, Spain and had clocked around Rs 7-8 crore from exports last year.

Bajaj Fin targets 25% balancesheet growth in medium-to-long term

Bajaj Finance expects a 25 percent growth in its balancesheet and 20 percent net income growth from a medium-to-long-term point of view, the company's Managing Director Rajeev Jain tells CNBC-TV18.

Comfortable guiding 25% AUM growth: Bajaj Finance

In an interview with CNBC-TV18, Bajaj Finance MD Rajeev Jain, discussed the company's third quarter earnings.

Bajaj Finserv net jumps 40% on robust life insurance biz

Bajaj Finance's profit after tax jumped 42 percent to Rs 279 crore in quarter ended September from Rs 197 crore last year.

Had good Q1; ready to leverage festive demand: Bajaj Fin

In an interview to CNBC-TV18, Rajeev Jain, managing director, Bajaj Finance, shares his views on the company's growth in Q1 and his outlook for the days to come.

Coal scam: Manmohan Singh took all decisions, says Ex-MoS

Former Minister of State for Coal Dasari Narayan Rao, an accused in Jharkhand's Amarkonda Murgadangal coal block allocation scam case, said that allocation decisions were taken by the then Prime Minister Manmohan Singh.

Expect 25% loan growth in short-term: Bajaj Finance

Rajeev Jain, managing director, Bajaj Finance says the company will now focus on its rural and urban business.

Q3 net up 33%; focusing on rural lending: Bajaj Finance

Third quarter net profits for Bajaj Finance rose 33 percent to Rs 258.4 crore while revenues jumped 38 percent to Rs 1,476.5 crore. Shares surged over 15 percent following the earnings declaration. CEO Rajeev Jain said the company was increasing its focus on rural lending.

Open to setting up a bank, says Bajaj Finance

Meanwhile, the company is leaving no stone unturned to lay a concrete foundation for its banking forays. The non-banking finance company (NBFC) owned by the renowned Bajaj group is so far known for serving affluent customers.

Bajaj Finance Q1 net rises 27% to Rs 176 cr, provisions up

India's largest white-good financing company - Bajaj Finance's first (April-June) first quarter net profit grew at a slower pace by 27 percent year-on-year to around Rs 176 crore, dented by spike in loan losses and provisions that doubled from Rs 32 crore to Rs 64 crore.

Bajaj Finance net up 27%, AUM at Rs 19,229 cr: Rajeev Jain

Bajaj Finance has reported profit after tax of 27 percent at Rs 176 crore, which includes a one-time standard asset provisioning to the tune of Rs 18 crore. It's assets under management stood at Rs 19,229 crore.

Will slowly start lending to commercial: Bajaj Finance CEO

Since last four quarters Bajaj Finance has been reducing its loan exposure to commercial segement including infra, equipments and vendor financing. It is now bottomed out. It will again start lending to this sector.

Had one-off provision hit of Rs 8cr in Q3: Bajaj Finance

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

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.