Bajaj Finance to continue investing in payments operations,

Bajaj Finance It will continue to invest in its payments business and has no plans to spin it off as a separate entity, the company said in an exchange filing.

“We continue to invest in our payments business and are committed to offering a full range of payments to our customers and the commerce ecosystem. The payments business is an integral part of the company,” she added.

See explanation from Bajaj Finance at the end of the report

A report by Jefferies had quoted CEO Rajeev Jain in a presentation made at the Jefferies India Forum that specific segments such as housing and payments could be operated as a subsidiary. or subsidiary organizational structure.

Bajaj Finance explained that It has no plans to separate payments as a separate entity. The company continues to invest in the payments business as an integral part of Bajaj Finance.

Also read: new rates. Bajaj Finance increases FD rates by up to 40 basis points