₹12198.0
-181.0 (-1.46%) - 26 Apr 2025 04:27 PMBajaj Holdings & Investment Limited (BHIL) is essentially a holding and investment company focusing on earning income through dividend, interest and gains on investments held. The company is registered as a Non-Banking Financial Company (NBFC) with Reserve Bank of India (RBI). They are classified as a ‘Systemically Important Non-deposit taking NBFC’ as per RBI regulations. BHIL -- erstwhile Bajaj Auto (BAL) -- was de-merged as per the Bombay High Court order dated December 18, 2007. The decision of demerging the company was taken in view of the growth opportunities in the auto, wind energy, insurance and finance sectors and it was decided that it was timely and appropriate to de-merge these activities into separate entities, each of which can focus on these core businesses and strengthen its competencies.
Industry - Finance - NBFC
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