Bajaj Finserv in Talks With Allianz on Likely JV Exits
- Firm expects retail lending to grow by 20% to 25% y-o-y
- No need to become a bank as new regulation to be supportive
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Bajaj Finserv Ltd. is still talking to Germany’s Allianz SE to part ways in their life and general insurance joint ventures, as the Indian financial services firm seeks greater control of the businesses.