Bajaj Finserv Ltd., one of India’s major NBFC has inked an MoU with the State Government of Maharashtra to establish a Rs. 5000 crore project in Pune. The project is expected to feature cutting-edge infrastructure and services for commercial enterprises. It is expected to begin in 2023.
Bajaj Finserv Group, with headquarters in Pune, is an Indian financial services provider that caters to more than 100 million consumers through 4,500+ branches across the country.
Group companies under Bajaj Finserv include Bajaj Finance, Bajaj Allianz Life, Bajaj Allianz General, and others. Saving offerings, consumers and business loans, mortgages, vehicle finance, stock brokerage solutions, and insurance policies are only some of the services offered by this financial institution.
We applaud the investment which Bajaj Finserv has made in the state of Maharashtra,” stated Shri Devendra Fadnavis, Hon’ble deputy CM of Maharashtra.
He added, “We will offer all the required assistance for the growth of this project since we value the relationship the Bajaj group has established with Maharashtra.”
We do not think that growth should be at the expense of the environment,” stated Sanjiv Bajaj, the chairman and MD of Bajaj Finserv.
He further stated,” Therefore, in keeping with our ESG priorities, the project has been designed as an environmentally friendly one, using environmentally friendly methods & a net-zero approach.”