Bajaj Finance
Indian financial services company
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| December 2024 | Bajaj Finance terminated its co-branded credit card partnerships with RBL Bank and DBS Bank due to new Reserve Bank of India regulations restricting the role of non-banking partners in such agreements. |
| November 2024 | Partnered with the International Finance Corporation to secure $400 million as part of a $1 billion fundraising initiative to expand climate finance in India, focusing on electric vehicles, energy-efficient consumer goods, and financial inclusion for women-owned microenterprises. |
| June 2024 | Bajaj Housing Finance filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India, indicating a potential initial public offering (IPO) for the subsidiary of Bajaj Finance. |
| May 2024 | Bajaj Finance announced in an exchange filing that the RBI had lifted the previous loan service restrictions after the company took remedial actions. |
| 2023 | A study published in the European Economic Letters journal analyzed Bajaj Finance stock performance among 30 Bombay Stock Exchange listed companies, identifying a maximum average return of 58.58%. |
| 2023 | Bajaj Finance Limited ranked second in the upper layer of NBFCs according to the Reserve Bank of India's scale-based regulation guidelines. |
| November 2023 | RBI banned Bajaj Finance from approving or distributing loans through two lending services: 'eCOM' and 'Insta EMI Card'. |
| October 2023 | Bajaj Finance acquired a 26% stake in Hyderabad-based Pennant Technologies. |
| January 2023 | Launched loan against property (LAP) business for micro, small, and medium-sized enterprise (MSME) customers. |
| December 31 2022 | Acquisition of SnapWork Technologies was completed. |
| November 2022 | Bajaj Finance announced its intention to acquire Mumbai-based SnapWork Technologies through a combination of primary and secondary transactions. |
| September 2022 | Bajaj Finance was included by the RBI as one of the 16 NBFCs in the NBFC-Upper Layer list, requiring the company to develop and implement a board-approved policy for a more stringent regulatory framework. |
| 2021 | A statistical analysis was conducted examining the correlation between revenue factors and non-performing assets (NPA) for Bajaj Finance, revealing significant correlations between revenue, profit after tax, return on assets, and gross NPA. |
| 2020 | Started using data analytics and big data tools. 60% of company's workload was moved to cloud. Expanded super-app plan due to COVID-19 pandemic to integrate five proprietary marketplaces. |
| 2017 | Bajaj Finance acquired a 12.6 percent interest in the mobile wallet company MobiKwik. |
| 2015 | Set up a series of Disaster Recovery (DR) data centers to ensure business continuity. |
| 2014 | Began diversifying liability profile by borrowing retail and lending wholesale, in addition to previous wholesale borrowing and retail lending. |
| 2010 | Company's registered name changed from Bajaj Auto Finance Limited to Bajaj Finance Limited. |
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