Bajai group’s financial services arm, Bajaj FinServ, has received an approval from the Share markets regulator SEBI ( Securities and Exchange Board of India) for setting up its mutual fund business and will commence operations by the year 2012 end.
Bajaj FinServ’s MD Mr. Sanjiv Bajaj said, “We have received the SEBI approval and are in process of evaluating the right business model. The market is large enough for us to find our attractive business."
About Bajaj FinServ ..!
Bajaj FinServ posted a more than two-fold rise in its net profit at Rs. 158 crore in the September (second) quarter of the current financial year.
Bajaj FinServ’s MD Mr. Sanjiv Bajaj said, “We have received the SEBI approval and are in process of evaluating the right business model. The market is large enough for us to find our attractive business."
About Bajaj FinServ ..!
Bajaj FinServ posted a more than two-fold rise in its net profit at Rs. 158 crore in the September (second) quarter of the current financial year.
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