Expansion▲ Bullish for Bajaj Finserv
Bajaj Finserv to file for reinsurance licence with IRDAI in next 2 months: Sources
The brief
- Bajaj Finserv plans to apply to IRDAI for a reinsurance licence within two months
- It aims to start the business by April 2027
- A new reinsurance venture could broaden Bajaj Finserv’s insurance business
- Bajaj Finance approves ₹17,500 crore raise through QIP and warrants
- 10 Nifty 50 stocks, including Infosys and TCS, posted double-digit losses in September as market sell-off deepens