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AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and Bajaj Allianz Life Insurance, one of India’s leading private life insurers, announced their strategic partnership, today in Mumbai. This collaboration will empower a diverse range of AU Small Finance Bank's customers to gain access to Bajaj Allianz Life’s comprehensive suite of life insurance products, thereby addressing their imperative need for financial security. Mr. Uttam Tibrewal, Executive Di...
AU Small Finance Bank and Bajaj Allianz Life Insurance enter into strategic partnership
Bajaj Allianz Life, one of the leading private life insurers in India, has launched a unique fund proposition in the ULIP segment. Bajaj Allianz Life’s Dynamic Asset Allocation Fund offers customers the opportunity to allocate between equity and debt, dynamically. The benchmark index is Crisil Dynamic Asset Allocation Index (45% Equity, 45% Debt and 10% Liquid). The NFO period for Dynamic Asset Allocation fund ends on 25th September 2023. The asset allocation (between debt and e...
Bajaj Allianz Life Launches Bajaj Allianz Life Dynamic Asset Allocation Fund
Bajaj Allianz Life, one of the leading private life insurer, has announced its collaboration with ace cricketer, Shubman Gill, to take forward its brand journey of being life goal enablers. Shubman Gill, already a force to be reckoned with in international cricket, has impressed the world with his remarkable achievements. As a young achiever and an inspiration to many, he embodies the spirit of pursuing long term life goals through a disciplined approach. Expressing his thoughts on the par...
Bajaj Allianz Life Insurance announces its association with the new cricket prodigy Shubman Gill
Below the Quote on National Insurance Awareness Day by Tarun Chugh, MD and CEO, Bajaj Allianz Life Insurance Mr. Tarun Chugh, MD and CEO, Bajaj Allianz Life Insurance said, “On National Insurance Awareness Day, I want to emphasize that life insurance is a valuable product with numerous benefits, catering to all types of customers. It serves as a crucial element in an individual’s financial portfolio. It provides peace of mind by safeguarding a family&rs...
Quote on National Insurance Awareness Day by Tarun Chugh, Bajaj Allianz Life Insurance
Bajaj Allianz Life Insurance Co. Limited, one of the leading private life insurer, has achieved a significant milestone in FY 2023, recording a remarkable net New Business Value of ?950 crore which is the key metric to measure profitability of life insurance businesses. This represents strong sustainable & profitable growth with 3-year compound annual growth rate (CAGR) of 61%. The Company has witnessed the highest CAGR of 39% in Individual Rated New Business (IRNB) over th...
Bajaj Allianz Life Insurance net New Business Value surges by 53% to ?950 Crore in FY23
Another industry-first by Bajaj Allianz Life! * Launches Bajaj Allianz Life Small-Cap Fund for its ULIPs with focus on Long-Term Wealth Creation * NFO ends on 23rd May, 2023 Bajaj Allianz Life, a one of the leading private life insurer in India, has launched India’s first Small-Cap fund in the ULIP segment that offers customers the opportunity to achieve capital appreciation by investing in a diversified portfolio of small-cap stocks. The benchmark inde...
India`s first Small-Cap fund in the ULIP segment
Bajaj Allianz Life, one of India's leading private life insurers, once again acknowledges the unwavering trust of its policyholders by announcing bonuses for the 22nd consecutive year. The Company has declared a bonus of Rs. 1,201 crores for its participating policyholders, which includes a regular reversionary bonus of Rs. 872 crores and a Terminal & Cash bonus of Rs. 329 crores. The bonuses will benefit 11.43 lakh eligible loyal policyholders who have remained committed to thei...
Bajaj Allianz Life Announces Bonuses for Participating Policyholders for the 22nd Consecutive Year!
Beloe Quote on RBI MPC By Mr. Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance “The RBI’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.50% while continuing to maintain “withdrawal of accommodation” stance as against market consensus of a 25 bps rate hike. However, the RBI governor also indicated that if necessary MPC will not hesitate to take further action, which means that it might be a temp...
View On RBI MPC By Mr. Sampath Reddy, Bajaj Allianz Life Insurance
Pune: Bajaj Allianz Life Insurance, one of India’s leading life insurers, launched the Bajaj Allianz Life Sustainable Equity on 3 February, 2023 to offer its customers an opportunity to invest in companies that are socially responsible and have been evaluated on relevant Environment (E), Social (S) and Governance (G) factors. The Fund is benchmarked to the Nifty 100 ESG Index and will invest in businesses that have high ESG scores and will concentrate on stocks that are includ...
Bajaj Allianz Life Insurance launches Sustainable Equity Fund
Below is Post Budget Quote By Mr Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life “The core focus of the budget has been to provide a boost for infrastructure / capex, tax incentives under the new tax regime (which will help to boost consumption), continue on the fiscal consolidation glide path and also offer incentives for MSMEs and informal sector. The budget was a growth oriented one with central government capex budgeted to rise by 33% to Rs. 10 lakh crore in FY24 (3....
Post Budget Quote : The core focus of the budget has been to provide Says Sampath Reddy, Bajaj Allianz Life
New Delhi: Delhi-headquartered leading public sector bank Punjab & Sind Bank (PSB) and Bajaj Allianz Life Insurance have announced their Corporate Agency Partnership. Mr. Swarup Kumar Saha, MD & CEO, Punjab & Sind Bank and Mr. Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance signed the partnership agreement in New Delhi, today. Punjab & Sind Bank is the 25th Schedule Commercial Bank that is partnering with Bajaj Allianz Life Insurance fo...
Bajaj Allianz Life Insurance and Punjab & Sind Bank PSB have announced their Corporate Agency Partnership
Tamilnad Mercantile Bank is currently trading at Rs. 524.45, up by 6.55 points or 1.26% from its previous closing of Rs. 517.90 on the BSE. The scrip opened at Rs. 529.95 and has touched a high and low of Rs. 529.95 and Rs. 520.00 respectively. So far 1835 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 547.85 on 01-Dec-2022 and a 52 week low of Rs. 460.10 on 13-Oct-2022. Last one week high and low of the scrip...
Tamilnad Mercantile Bank trades in green on entering into arrangement with Kotak Mahindra General Insurance
Tamilnad Mercantile Bank is currently trading at Rs. 519.15, up by 4.40 points or 0.85% from its previous closing of Rs. 514.75 on the BSE. The scrip opened at Rs. 520.05 and has touched a high and low of Rs. 528.35 and Rs. 518.50 respectively. So far 2052 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 547.85 on 01-Dec-2022 and a 52 week low of Rs. 460.10 on 17-Oct-2022. Last one week high and low of the scrip...
Tamilnad Mercantile Bank rises on entering into corporate agency agreement with Bajaj Allianz Life Insurance
Below View On RBI Monetary policy By Mr. Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance RBI hiked the repo rate by 35 bps to 6.25% (highest since August 2018), in line with the market expectation. However, the RBI kept the policy stance unchanged at “withdrawal of accommodation” although some segments of the market were expecting a change in stance. Also, FY23 CPI inflation forecast remained unchanged at 6.7% and RBI highlighted that the stickiness of ...
The policy seemed slightly hawkish on the margin Says Mr. Sampath Reddy, Bajaj Allianz Life Insurance
Pune : Bajaj Allianz Life Insurance, one of India’s leading private life insurers in partnership with upGrad, Asia’s largest higher edtech company, has launched the Bajaj Allianz Life Hackathon – a nation-wide case study competition to discover and attract young talent with strong, solution-oriented approach to key business problems. The initiative will help participants to test their analytical capabilities, which in turn, can empower them with meaningful employment in the ...
Bajaj Allianz Life and upGrad launches virtual Hackathon to scale India analytical capabilities
Ujjivan SFB concludes Rs 475 crore of equity fundraise via Qualified Institutional Placement (QIP) mode. The Bank's Board of Directors approved the allotment of 22,61,90,476 Equity Shares of face value Rs 10 each to eligible qualified institutional buyers at the issue price of Rs 21 per Equity Share, including a premium of Rs 11 per Equity Share. The issue price reflects a discount of Rs 0.93 per Equity Share i.e. 4.24 per cent on the Floor Price of Rs 21.93 per Equity Share, aggreg...
Ujjivan raises Rs 475 crore through QIP; Strong participation from quality long-term investors
Article on RBI MPC By Mr. Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance RBI front-loaded with a 50bps rate hike but retains inflation and GDP targets for FY23 RBI’s Monetary Policy Committee (MPC) unanimously voted to hike the benchmark policy rate (repo rate) by 50 bps to 5.40%. The marginal standing facility (MSF) rate and the newly instituted Standing Deposit Facility (SDF) rate adjusted to 5.65% & 5.15%, respectively. However, Cash Reserve Rati...
Article on RBI MPC By Mr. Sampath Reddy, Bajaj Allianz Life Insurance
Mumbai : Bajaj Allianz Life Insurance, one of India’s leading private life insurers, and DBS Bank India, the wholly owned subsidiary of DBS Bank Ltd., Singapore, have announced a strategic partnership to offer a wide array of life insurance solutions to the bank’s 3M customers. Through this partnership, Bajaj Allianz Life and DBS Bank aim to empower the customers to Live More and Bank Less by investing in life insurance products that best meet...
Bajaj Allianz Life Insurance partners with DBS Bank India; To offer life insurance solutions to the bank`s customers
City Union Bank gains on entering into strategic partnership with Bajaj Allianz Life Insurance Jul-13-2022 10:24 Hrs IST City Union Bank is currently trading at Rs. 149.00, up by 0.60 points or 0.40% from its previous closing of Rs. 148.40 on the BSE. The scrip opened at Rs. 148.60 and has touched a high and low of Rs. 150.75 and Rs. 148.60 respectively. So far 23663 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52...
City Union Bank gains on entering into strategic partnership with Bajaj Allianz Life Insurance
Mr. Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance "With the great emphasis on the capital spending this budget has turned out to be a growth oriented budget, with substantial increase in capital expenditure from Rs. 5.5 Lakh Cr in FY22 to Rs 7.50 Lakh Cr. in FY23. This has been achieved while lowering the fiscal deficit target from 6.9% in FY 22 to 6.4% in FY23. Although the deficit for FY23 is a higher than the market expectations thereby causing the yields to...
With the great emphasis on the capital spending this budget has turned out to be a growth oriented budget - Mr. Sampath Reddy, Bajaj Allianz Life Insurance
Below is quote on Pre-Budget By Mr. Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life Insurance ‘’We are expecting that the Union Budget to be growth oriented and emphasis likely to be on sectors like manufacturing, healthcare, and infrastructure which would help with job creation. Given the Governments’ commitment towards climate, we expect electric vehicles (EV) segment may also see an additional boost with specific incentives for the char...
Quote on Pre-Budget - Mr. Sampath Reddy, Bajaj Allianz Life Insurance
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