Bajaj Finserv - Covid-19 Update and Business Continuity Plan
Bajaj Group Structure
Bajaj Holdings & Investment Limited (BHIL)
51%
33.43%@
Maharashtra Scooter
39.16%@
Limited
Bajaj Auto Limited
Bajaj Finserv Limited
B
BAJAJ
FINSERV
52.82%@
Bajaj Finance Limited
.
Set up in 1987: BFL is a 33 year old
company. Diversified across lending
(consumer, rural, SME, commercial &
mortgage space) and payments
Included in NIFTY 50 Index
Credit rating - AAA/Stable by CRISIL,
India Ratings, CARE Ratings and ICRA
Credit rating for short term debt
program is A1+ by CRISIL, ICRA & India
Ratings
Investment grade long term issuer
credit rating of BB+/Stable and short
term rating of B by S&P Global Ratings
74%
Bajaj Allianz General Insurance
Company Limited#
• Established in 2001 post opening of
market for private players
• 2nd largest private General insurer in
India in terms of Gross Premium
• Consistently most profitable amongst
the private players. ROE of 18.5% in
FY20
•Combined ratio of 100.8% for FY20 and
97.6% for Q1 FY21
• Offers a wide range of products across
retail & corporate segments
Recognized in the market for claims
servicing
74%
Bajaj Allianz Life Insurance
Company Limited #
• Established in 2001 post opening of
market for private players
• Among the top private sector Life
insurers in India on new business
Deep, pan India distribution reach
• Diversified distribution mix - agency,
bancassurance, proprietary sales force,
alternate channels, direct etc
•AUM of 610 BN as on 30 June 20
.Net worth of 101 BN as on 30 June
2020
•Solvency ratio of 760%
100%
Bajaj Housing Finance Limited#
100%
Bajaj Financial Securities Limited#
BFS shareholding in BFL was 52.82% as on 31 Mar 2020. BHFL is a 100% subsidiary of BFL which became fully operational in Feb 2018. Bajaj Financial Securities Limited is 100%
subsidiary of BFL which became fully operational in Aug 2019
Note: Shareholding is as of 30 Jun 2020. Only major subsidiaries shown in this chart | # - Not Listed, @- Represents direct holding
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