Last 2,471 INR
Change Today -4.15 / -0.17%
Volume 141.3K
BAF On Other Exchanges
Natl India
As of 7:05 AM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

bajaj finance ltd (BAF) Snapshot

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08/27/14 - 2,503
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09/4/13 - 976.00
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bajaj finance ltd (BAF) Details

Bajaj Finance Limited operates as a non–banking financial company in India. The company offers various consumer finance products and services, including two and three wheeler finance, consumer durables finance, lifestyle finance, personal loans cross sell, salaried personal loans, co-branded credit cards, home loans, and EMI cards. It also provides SME financing products and services, such as mortgages, business loans, loans against properties and securities, lease rental discounting against properties, and working capital loans; commercial lending products and services, such as construction equipment finance, infrastructure finance, and vendor financing to vendors of auto manufacturers; rural lending products comprising gold and refinance loans; and wealth management and fee based products, including fixed deposits, life and general insurance distribution, and credit rating distribution products. The company was formerly known as Bajaj Auto Finance Limited and changed its name to Bajaj Finance Limited in September 2010. The company was incorporated in 1987 and is based in Pune, India. Bajaj Finance Limited is a subsidiary of Bajaj Finserv Limited.

Founded in 1987

bajaj finance ltd (BAF) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 36.7M
Compensation as of Fiscal Year 2014.

bajaj finance ltd (BAF) Key Developments

Bajaj Finance Limited Reports Unaudited Earnings Results for the First Quarter Ended June 2014

Bajaj Finance Limited reported unaudited earnings results for the first quarter ended June 2014. For the quarter, the company's total income increased by 34% to INR 12,460 million from INR 9,320 million a year ago. Profit before tax was increased by 20% to INR 3,210 million from INR 2,670 million a year ago. Profit after tax was increased by 20% to INR 2,110 million from INR 1,760 million a year ago.

Bajaj Finance to Exit Construction Equipment Financing Business

Bajaj Finance has decided to exit the construction equipment financing business. The company has taken this step due to lack of profitability with no chances of a turnaround in said financing business. The loans given under the construction equipment financing business are for asset purchases like earthmovers, concrete mixers etc. The portfolio is not large and will fully mature in the next 15-20 months.

Bajaj Finance Limited Declares Dividend

Bajaj Finance Limited announced that the annual general meeting held on July 16, 2014, at the meeting the shareholder approved declaration of dividend of INR 16 per equity share.


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