News: Bajaj Capital plans wider geographical presence
(BL 30/03/2006) Ludhiana - Financial services company Bajaj Capital Limited plans to open 40 new branches in the next fiscal, aiming to add one lakh new retail investors for its investment advisory services.
"We are planning to open 40 more branches, including 2 branches in Punjab, in the next financial year. In addition, we wish to take the total strength of our retail investor base to 8 lakh as against 7 lakh retail investors at present," Anil Chopra, CEO & Director, Bajaj Capital, said here.
The company, promoted by K K Bajaj, at present has 110 branches in 52 cities. Last year, it opened 20 new branches across the country. "We have fixed a target to grow our business size by 50 per cent in the next fiscal," Chopra added.
Bajaj Capital is engaged in the business of merchant banking, resource mobilisation, distribution of financial products, investment advisory service, buying and selling of money market investments and tailor-made financial planning for individuals and corporate clients.
Bajaj Capital also offers need-based investment advice to retail investors, high net-worth investors and institutional investors and serving to 7,00,000 retail investors throughout country including 12,000 NRIs.
"We are planning to open 40 more branches, including 2 branches in Punjab, in the next financial year. In addition, we wish to take the total strength of our retail investor base to 8 lakh as against 7 lakh retail investors at present," Anil Chopra, CEO & Director, Bajaj Capital, said here.
The company, promoted by K K Bajaj, at present has 110 branches in 52 cities. Last year, it opened 20 new branches across the country. "We have fixed a target to grow our business size by 50 per cent in the next fiscal," Chopra added.
Bajaj Capital is engaged in the business of merchant banking, resource mobilisation, distribution of financial products, investment advisory service, buying and selling of money market investments and tailor-made financial planning for individuals and corporate clients.
Bajaj Capital also offers need-based investment advice to retail investors, high net-worth investors and institutional investors and serving to 7,00,000 retail investors throughout country including 12,000 NRIs.
posted by InCar Group Press Room at 17:03
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