CURRENT AFFAIRS

Detailed explanation-1: -NEW DELHI: Noted industrialist Rahul Bajaj will step down as Non-Executive Chairman of Bajaj Finance on July 31, after being at the helm of the company for over three decades. He will be succeeded by Sanjiv Bajaj, currently Vice Chairman, the Bajaj Finance said in a regulatory filing on Tuesday.

Detailed explanation-2: -Sanjiv Bajaj is the Chairman and Managing Director of Bajaj Finserv Limited, the holding group company for all the financial service businesses of the Bajaj Group, which is one of the oldest and largest conglomerates of India.

Detailed explanation-3: -Nimesh Chandan joins Bajaj Finserv’s upcoming mutual fund as CIO - Cafemutual.com.

Detailed explanation-4: -Niraj R. Bajaj. Niraj Bajaj’s career spans more than 35 years and he is currently serving as the Chairman of Bajaj Auto since 1 May 2021. Born on 10 October 1954, he studied at the Cathedral and John Connon School.

Detailed explanation-5: -Rajeev Jain He is a management graduate and has more than 28 years of experience in the consumer lending industry. Rajeev has been associated with our Company for about a decade and a half. At Bajaj Finance Limited, Rajeev has charted an ambitious growth path for the Company.