Development · 5 Oct 2026

Bajaj Finserv plans to file an application with the IRDAI for a reinsurance license within the next two months and aims to start its reinsurance business by April 2027.

1 publisher has reported this development. Each act of reporting is below, cited.

The record

cnbctv18.com5 Oct 2026

A single act of reporting so far, corroborating sources join this record as they publish.

Bajaj Finserv

₹1,751.40

▲ +1.09%

Close (EOD), as of 5 Oct 2026 · source

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More on Bajaj Finserv

Bajaj Finserv is set to appoint N Ramaswamy Narayanan, the former chairman and managing director of General Insurance Corporation of India, to lead its entry into the reinsurance sector.

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Bajaj Finance announced plans to raise up to Rs 17,500 crore through a combination of a qualified institutional placement and a preferential issue of warrants.

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Bajaj Finance's board has approved a Rs 17,500 crore capital infusion through a combination of a Rs 11,700 crore qualified institutional placement and a Rs 5,800 crore preferential issue of convertible warrants to promoter Bajaj Finserv.

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