Bajaj Auto Finance LTD
Bajaj Auto Finance LTD
Bajaj Auto Finance LTD
BAFL IS A CAPTIVE FINANCE COMPANY THAT MEANS IT FINANCES ONLY BAJAJ AUTO PRODUCTS
BAJAJ FINANCE ALSO DEALS IN FINANCING CONSUMER DURABLES LIKE TV, REFRIGERATOR ETC. AND IS
KNOW AS BAJAJ FINSERV
BAJAJ AUTO FINANCE OPERATES THROUGH BAJAJ AUTO DEALERSHIPS, AUTHORISED SERVICES CENTRES
AND DEALER BRANCHES
EVERY 40KMS FROM MAIN DEALERSHIP WE HAVE AN ASC’S WHO OPERATES WITH THE HELP OF MAIN
DEALER.
WE HAVE A NETWORK OF BRANCH OFFICES PAN INDIA WHICH COMES UNDER DIFFERENT REGIONAL
OFFICES
CUSTOMER CARE- WE HAVE A DEDICATED CUSTOMER CARE NUMBER TO CATER DIFFERENT QUERIES
AND CONCERNS OF BAFL CUSTOMERS
India has a diversified financial sector undergoing rapid expansion, both in terms of growth and
new entities that are entering into the market. The financial sector comprises commercial banks,
insurance companies, non-banking financial companies, co-operatives, pension funds, mutual
funds and other smaller financial entities. The banking regulator has allowed new entities such as
payments to banks to be created recently thereby adding to the types of entities operating in the
sector. However, the financial sector in India is predominantly a banking sector with commercial
banks accounting for more than 64 percent of the total assets held by the financial system. The
Government and Reserve Bank of India (RBI) have taken various measures to facilitate easy
access to finance for Micro, Small and Medium Enterprises (MSMEs).
MARKET SIZE
The mutual fund industry in India has grown in terms of its Assets Under
Management(AUM). Total AUM of the industry stood at Rs. 23.80 trillion between April
2018- February 2019.
Another crucial components of India’s financial industry are the insurance industry. The
insurance industry has been expanding at a fast pace. The total first year premium of life
insurance companies reached Rs. 214, 673 crores during FY19
Over the past few years India has witnessed a huge increase in Mergers and Acquisition
(M&A) activity. In H12018, 74 deals of acquisition took place in financial sector. The
total value of such transactions was US$ 4.166 billion.
Government Initiatives
In December, 2018, Securities and Exchange Board of India (SEBI) proposed direct overseas
listing of Indian companies and other regulatory changes.
In December, 2018, Securities and Exchange Board of India (SEBI) proposed direct
overseas listing of Indian companies and other regulatory changes.
Bombay Stock Exchange (BSE) introduced weekly futures and options contracts on
Sensex 50 index from October 26, 2018.
In September 2018, SEBI asked for recommendations to strengthen rules which will
enhance the overall governance standards for issuers, intermediaries or infrastructure
providers in the financial market.
The Government of India launched India Post Payments Bank (IPPB), to provide every
district with one branch which will help increase rural penetration. As of August 2018,
two branches out of 650 branches are already operational.
Road Ahead
India is today one of the most vibrant global economies, on the back of robust banking
and insurance sectors. The relaxation of foreign investment rules has received a positive
response from the insurance sector, with many companies announcing plans to increase
their stakes in joint ventures with Indian companies. Over the coming quarters there
could be a series of joint venture deals between global insurance giants and local players.
The Association of Mutual Funds in India (AMFI) is targeting nearly fivefold growth in
assets under management (AUM) to Rs 95 lakh crore (US$ 1.47 trillion) and a more than
three times growth in investor accounts to 130 million by 2025.
India's mobile wallet industry is estimated to grow at a Compound Annual Growth Rate
(CAGR) of 150 per cent to reach US$ 4.4 billion by 2022 while mobile wallet
transactions to touch Rs 32 trillion (USD $ 492.6 billion) by 2022.