3. About Sector
Financial sector is the set of institutions, instruments,
markets
Financial Sector of India is very strong.
It is growing very fast
Currently due to stable government coming in power there
is a good growth in finance sector of country as GDP of
country has increased from 4.5% in 2012-13 to 4.9% in
2013-14.
4. About sector (contd)
The financial sector in India has experienced a growth
rate of 8.5% per annum.
Loan sector is booming day by day .
Stock market made some new records.
5. Bajaj Finserv Lending
With 24 products across 12 product lines, Bajaj Finserv
lending is one of the fastest growing and most
diversified NBFCs (Non banking financial companies)
in the country.BFL provides financial aid to customer
by giving vehicle loans, durable loans , Life insurances,
personal loans, business loans and many other
products.
6. Timeline
1987 – Company was formed as Bajaj Auto
On 24 September, 1988- Bajaj were registered as a Public Limited
Company
05th March, 1998- Bajaj were registered with RBI as a Non-Bank
Company
1995- Crossed 10 crore Profit before tax
1996- 100 cr of Shareholders fund
2000- Bajaj expanded their expertise to finance
2004 – changed logo