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Next 15-20 yrs India's best

Mint Chennai

|

March 24, 2025

I also believe that the world is changing; India is looking at a number of bilateral trade agreements Sanjiv Bajaj Chairman and managing director of Bajaj Finserv

- Gopika Gopakumar, Shayan Ghosh & Satish John

Next 15-20 yrs India's best

Bajaj Finserv Ltd expects significant growth in its financial services business over the next 15-20 years with greater financial product penetration and rising per capita income. The company, which took 13 years to see its assets grow to 1 trillion, is already adding 1 trillion annually, according to Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, the financial arm of the Bajaj Group.

Speaking to Mint, the billionaire businessman said the company is exploring new market opportunities after the exit of Allianz SE from its insurance subsidiaries. He also spoke at length about the company's plans for a seamless leadership transition as Rajeev Jain steps into the role of vice chairman and also succession.

Edited excerpts from the interview:

Bajaj Finance stock has outperformed peers and even non-financial companies. Can it continue this performance by maintaining the same growth and margins?

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