BFL Loan Loss Provision and Operating Expenses
Role of Bajaj Finserv
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B
BAJAJ
FINSERV
Monitor and engage with our companies with the objective of long-term sustainable profit,
meaningful market share, and effective use of capital thereby delivering superior
shareholder returns
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We do this by driving companies to create institutionalized frameworks through accountable
empowerment and encouragement of disruptive thinking
Business
Rigorous engagement in Long
Range Planning and Annual
Operating Plans
Regular review of all businesses
and their SBUS
New business opportunities and
Strategic investments
CRO Chief Risk Officer
ERM Enterprise Risk
Management
ORM Operational Risk
Management
and
Risk
Harmonization of risk policies
framework, Regular
engagement with CROS of business
■ Periodic review of top ERM risks
including credit, business,
financial, operational, reputation,
etc. & mitigation actions planned
Drive risk related projects across
the group such as ORM
People / HR
One Finserv Group Talent mobility
Group Young Leader Management
Trainee Program
■ 30 Under 30 Program
■ 3 Tier Merit based remuneration
plans combining fixed cash, annual
bonus and ESOPS
Collaboration and Best Practice
Group Knowledge Forums -
Analytics, Technology,
Investments, Governance, etc.
■ Cross group stress identification
forum to identify any cross
functional view on investment
risks
■ Cross Company projects on Data,
innovation and digital strategy.
Customer Experience,
Investments, ESG
Defining Customer Service
protocols for businesses
■ Review and standardisation of
investment processes
■ Oversight and monitoring of ESG
policy and its implementation across
the group
CO
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