Which subsidiary of Bajaj Auto is receiving a ₹1,500 crore investment?
Bajaj Auto Credit Ltd
Why in the news?
"Bajaj Auto Reappoints Rajiv Bajaj, Invests ₹1,500 Crore in Credit Arm”
Bajaj Auto has reappointed Rajiv Bajaj as MD and CEO for five more years, starting April 1, 2025, pending shareholder approval. Additionally, the company is investing ₹1,500 crore in its financial arm, Bajaj Auto Credit Ltd (BACL), to strengthen operations.
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