Bajaj Finance Ltd., one of India’s leading non-bank lenders, has received a “letter of displeasure” from the Reserve Bank of India with regards to its co-branded credit cards, sources with knowledge of the matter told CNBC-TV18 on Thursday, April 3. The RBI letter states that Bajaj Finance has not proactively identified gaps and vulnerabilities and
With a 32% surge in just three months, Bajaj Finance registered the highest market capitalisation gain in India’s equity market. During the first quarter of 2025, the NBFC’s market valuation swelled by a whopping ₹1.3 lakh crore to reach ₹5.6 lakh crore. Stocks like Reliance Industries (RIL) and Bharti Airtel also recorded strong gains, each
Bajaj Finance Ltd on Thursday (March 20) said it has announced key leadership changes, with Rajeev Jain appointed as vice chairman in the capacity of an executive director for a three-year term starting April 1, 2025. Anup Kumar Saha, currently the deputy managing director, has been re-designated as managing director for the remainder of his