Bajaj Finserv has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, to develop a Rs. 5000 crore project in Pune, one of the largest financial services investments in the country.
The MoU was signed by HarshdeepKamble, Industry Secretary, Government of Maharashtra and S Sreenivasan, Chief Financial Officer, Bajaj Finserv, in the presence of Shri Devendra Fadnavis, Hon’ble Deputy Chief Minister of Maharashtra and Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv.
Speaking on the occasion,Devendra Fadnavis, Hon’bleDeputy Chief Ministerof Maharashtra, said, “We welcome the investment that Bajaj Finserv is making in the state of Maharashtra. We are proud of Bajaj group’s association with Maharashtra and will provideall the necessary supportfor the development of this project.”
Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv, said, “We believe that growth should not come at the cost of environment. Thus, in line with our ESG focus, the project is plannedas a sustainable development one that meetsthe highest globalstandards of certifications with green solutions and a net-zero approach. We thank the government of Maharashtra for the continued support to our Group. Pune is and will continue to be a significant part of BajajFinserv’s growth journey.”
The Bajaj Finserv Campus is planned as an iconic landmark in Pune and will house Bajaj Finserv's world-class workspaces. The projectis expected to create 40,000 jobs and continue to develop Pune as a financial centre. Work on the project will commence in 2023 and envisions state-of-the-art connectivity and facilities for business. The development will have a positiveimpact, both sociallyand economically, as it will create new jobs and business opportunities for partners, vendors, suppliers and contractors in and around Pune, as well as globally.
Bajaj Finserv'sgroup entities includeBajaj Finance, BajajAllianz Life Insurance, Bajaj Allianz General Insurance, Bajaj Housing Finance, Bajaj Financial Securities, Bajaj Ventures, Bajaj FinservAsset Management, Bajaj Finserv Health and Bajaj Finserv Markets.
Headquartered in Pune, Bajaj Finserv Group serves over 100 million customers through 4,500+ locations across India and has so far touched 2 million lives through its social impact programmes.
Its diversified portfolio helps meet an individual's financial needs and build financial resilience through solutions such as savings products, consumer and commercial loans, mortgages, auto financing, securities brokerage services, general and life insurance, and investments.
The Bajaj Finserv Group employs almost 70,000 people across India, of which a significant number is based in its home city.
Set up 16 years ago by Rahul Bajaj, Bajaj Finserv has been an active participant in Pune’s socio-economic growth and contributed to India’s financial services industry through innovation in consumer lending, digital lending, while also enabling financial inclusion for sections of India's population who had hitherto no access to formal credit.
Bajaj Finservis part of the largerBajaj group born in Wardha,Maharashtra, over a 100 years ago, which has remained steadfast in its commitment to the growth of India and the state of Maharashtra, in the footsteps of its founders, Shri Jamnalal Bajajand Shri Kamalnayan Bajaj, who were part of our country's freedom struggle.
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