India Markets closed

How Has The Pandemic Affected Business? | Sanjiv Bajaj, Bajaj Finserv | Exclusive

Market share in crop insurance 6.5-7% of the industry share. On annual basis. Our exposure to crop insurance evens out. Picture still unclear on motor insurance, auto sales segment. Seeing pent up demand; likely to grow during the festive season.

Contribution of businesses to profit has evolved over time. Not easy to project the distribution of profits across businesses. Premium collection back to 80-85% of normal levels. Recovery outside of 10-20 cities has been good. Been transparent in terms of bounce rates and loss numbers. 2/3rd customers who took moratorium had never bounced on EMIs.

Catch the exclusive interview with Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv on The Market.