Company Overview
Bajaj Housing Finance Limited is a 100% subsidiary of Bajaj Finance Limited — one of the most diversified NBFCs in the Indian market, catering to more than 76.5 million customers across the country. Headquartered in Pune, Bajaj Housing Finance Limited offers finance to individuals as well as corporate entities for the purchase and renovation of homes, or commercial spaces. It also provides loans against property for business or personal needs as well as working capital for business expansion purposes. The Company also offers finance to developers engaged in the construction of residential and commercial properties as well as lease rental discounting to developers and high-net-worth individuals. Bajaj Housing Finance Limited enjoys the highest credit ratings from CRISIL as well as India Ratings. The Company is rated AAA/Stable for its long-term debt programme and A1+ for its short-term debt programme from CRISIL and India Ratings.
India needs another 10 Bajaj Finances to realise its potential
- In an interview with ET Now, Sanjiv Bajaj stated, “For India to realise its full potential, the country will need another ten Bajaj Finances and ten HDFC Banks.”
- Bajaj believes the next decade could belong to India despite the uncertainty over inflation.
Rate hike taking us closer to pre-pandemic levels: Sanjiv Bajaj
- CII President Sanjiv Bajaj points out that the increase in repo rate is normalisation of rates to take it close to where it was before COVID-19 hit us.
- “I do not see the current rate hike as having a significant dampener for credit growth. Good quality projects will get access to capital,” adds Sanjiv Bajaj.
Sanjiv Bajaj Says World Looking Up to India Amid Sombre Mood
- Over the next decade, there is no reason why India should not play a stronger role, Sanjiv Bajaj says.
- A number of sectors in India are seeing uptick in capex cycle, Bajaj said, adding not just commodities, but also real estate and construction, and logistics.