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Bajaj Finserv launches Savdhan Rahein, Safe Rahein , a public awareness campaign on financial fraud risks ANI | Updated: May 07, 2021 17:55 IST
Pune (Maharashtra) [India], May 7 (ANI/NewsVoir): Bajaj Finserv, one of the largest financial conglomerates in India, has launched its public awareness campaign, Savdhan Rahein. Safe Rahein , across digital and social media platforms, to educate customers and public at large on financial fraud risks and how to stay protected.
Through this awareness initiative, Bajaj Finserv aims to convey a very important message to its customers and prospects to strictly avoid making any refundable advance payments in the name of loan processing fee, tibank charges, GST, verificaons etc., and verifying all loan offers at the Bajaj Finance s official website, only.
Read more about Market rallies for 3rd session on Business Standard. As per the provisional closing data, the S&P BSE Sensex, jumped 771.3 points or 1.58% at 49,715.87. The Nifty 50 index gained 197.1 points or 1.35% at 14,850.75.
Bajaj Finserv jumped 3.82% to Rs 10,471.15 after the company s consolidated net profit surged 403% to Rs 979 crore on 15.74% rise in total income to Rs 15,387.25 crore in Q4 FY21 over Q4 FY20.Consolidated profit before tax jumped 197.45% to Rs 2358 crore in Q4 FY21 from Rs 792.9 crore posted in Q4 FY20. The result was announced during market hours today, 28 April 2021.
The company posted a 32.68% rise in net profit to Rs 4470.46 crore on 11.48% rise in total income to Rs 60,591.57 crore for the year ended March 2021 (FY21) over year ended March 2020 (FY20).
Bajaj Finserv participates in the financing business through its 52.74% holding in Bajaj Finance and in the protection business through its 74% holding in two unlisted subsidiaries, Bajaj Allianz General Insurance Company Limited (BAGIC) and Bajaj Allianz life Insurance Company Limited (BALIC). Bajaj Housing Finance Limited (BHFL), which does mortgage business, is also a wholly-owned subsidiary of Bajaj Finance.
Guj to pay Rs 1600 cr to insurance cos, who paid under Rs 150 cr to farmers
By IANS |
Published on
Wed, Mar 10 2021 21:03 IST |
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Farmer. (File Photo: IANS). Image Source: IANS News
Gandhinagar, March 10 : The Gujarat government informed the state assembly on Wednesday that it will pay over Rs 1600 crore as premium to the insurance companies for crop insurance for the two-calendar year period of 2019 and 2020. During the same period, the insurance companies paid the farmers under Rs 150 crore against crop failure claims.
Junagadh MLA Bhikhabhai Joshi had asked in a written question to the agriculture minister, as to how much was the premium paid to various insurance companies under the Pradhan Mantri Bima Fasal scheme for the two years till December 31, 2020. Out of that how many claims by the farmers were settled and how much money was paid to them.