CORPORATE / BUSINESSTECHNOLOGY / IT

Bajaj Finserv rolls out 111 offers to the students from Indian Institute of Technology

by Suman Gupta

December 2019, Pune: Bajaj Finance Ltd., the lending and investment arm of Bajaj Finserv, recently conducted campus hiring at Indian Institute of Technology (IITs) and rolled out 111 offers for tech-related roles to expand its digital strength. The company aims to invest in technology savvy, young and dynamic talent to enable its fintech journey. Students from IIT Delhi, Kanpur, Roorkee, Madras, Bombay and Kharagpur were given offers for roles like developing next-gen connected IoT software’s, predictive analytics products, Core IT (cloud-based platforms) and advance Analytics.

Bajaj Finance, one of the largest non-banks in India, currently has over 20,000 employees working across 2000+ locations in India. The company is currently strengthening its technology and analytics vertical with new talent. In its Fintech journey, technology will help the company to understand customer behaviour and suggest appropriate products for new customers on the go. The company currently has more than 36 million customers availing various products from its diversified portfolio. This is the first time that Bajaj Finance has hired directly from the IITs.

Commenting on the current recruitment drive, Anupam Sirbhaiya, Chief Human Resources and Administration Officer, Bajaj Finance Ltd, said, “Our people-enabled business strategy starts with attracting new talent with an entrepreneurial zest. We seek individuals who are fit for our roles in terms of their experience and skills and can align with the culture of our organisation. IITs are premium educational institutes offering the best young minds of the country and we look forward to offering the recruits a fertile ground to continually challenge the status quo, take on big ideas and convert them into executable actions.”

Anurag Chottani, Executive Vice President- Information Technology, Bajaj Finance Ltd, said, “Technology is the greatest enabler in offering financial services at an efficient cost. We currently have over 100 data scientists and analysts to analyse customer data generated from millions of customers that the company gives loans to. Being at the top of the fintech innovations is something we have always been associated with and such hiring will strengthen our talent pool as we further our industrial fintech journey.”

About Bajaj Finance Limited: Bajaj Finance Limited, the lending arm of the Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 36 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Loans for Professionals, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international ‘BBB’ with stable outlook for long-term, by S&P Global Rating.

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