Kuch Pramukh Companies (As of Current Time):
Reliance Industries
Tata Consultancy Services (TCS)
Infosys
HDFC Bank
ICICI Bank
Hindustan Unilever Limited (HUL)
State Bank of India (SBI)
Bajaj Finance
Bharti Airtel
ITC Limited
Barometer of Indian stock market" is how the financial world refers to the Sensex, and it measures the overall performance of the market.
1 Hindustan Unilever Limited (HUL)
One of the biggest manufacturers of fast-moving consumer goods (FMCG) in India is Hindustan Unilever Limited (HUL). Originally founded as Lever Brothers in 1933, it merged with Hindustan Vanaspati Manufacturing Company and United Traders Ltd. to become Hindustan Lever Limited in 1956. The business changed its name to Hindustan Unilever Limited in 2007.
HUL operates in more than 190 countries globally and is a subsidiary of the British-Dutch giant Unilever. The company offers a wide range of goods in areas like food, drinks, personal care, and home care. Lux, Lifebuoy, Surf Excel, Rin, Dove, Knorr, Brooke Bond, and Lakmé are a few of the well-known brands.
Through a huge network of distributors and merchants, HUL, which has its headquarters in Mumbai, Maharashtra, provides services to millions of customers throughout India. With an emphasis on social responsibility, sustainability, and innovation, HUL has played a significant role in revolutionizing the FMCG industry in India.
HUL is well known for its dedication to raising consumer standards of living, providing value to shareholders, and advancing the social and economic advancement of the nation.
2. State Bank of India (SBI)
The biggest public sector bank and provider of financial services in India is the State Bank of India (SBI). One of the oldest banks in India, SBI was founded in its current form on July 1, 1955, but its roots date back to 1806 when the Bank of Calcutta was established.
Headquarters
SBI's corporate office is located in Mumbai, Maharashtra.
Ownership and Management
Before the Reserve Bank of India transferred its shares to the government in 2007, the Reserve Bank of India was the largest stakeholder in SBI, which is now held by the Government of India. A chairman leads the bank, with assistance from a number of managing directors.
1:Banking Services: Savings accounts, current accounts, and fixed deposits.
2:Loans: Home loans, personal loans, education loans, vehicle loans, and business loans.
3:Digital Banking: Internet banking, mobile banking apps (YONO by SBI), and UPI services.
4:Insurance: Life and general insurance products through its subsidiaries.
5:Wealth Management: Investment advisory and portfolio management.
6:Forex Services: Foreign exchange transactions and NRI banking.
Network and Reach
SBI operates a vast network comprising:
Over 22,000 branches across India and international locations.
More than 70,000 ATMs.
A presence in 32 countries, providing global banking services.
Notable Subsidiaries
SBI has multiple subsidiaries that extend its services, including:
One of the Fortune Global 500 firms is SBI. It manages a sizable amount of deposits and advances, giving it a substantial stake in the Indian banking industry. With its ground-breaking YONO (You Only Need One) app for financial and lifestyle services, SBI is a pioneer in the adoption of digital technologies.
Mission and Vision
The goal of SBI is to provide banking services to all societal segments while emphasizing financial inclusion and fostering economic expansion. Customer satisfaction, innovation, and reliability are key components of its vision.
Social Contributions
SBI actively supports programs in the areas of education, healthcare, the environment, and rural development as part of its corporate social responsibility (CSR) efforts. In conclusion, millions of clients throughout the world view the State Bank of India as a symbol of dependability and confidence in addition to being a pillar of the Indian financial system.
3. Bajaj Finance
Founded in 1987, Bajaj Finance has its main office in Pune, Maharashtra. The organization serves a wide range of clients, including big businesses, SMEs (small and medium-sized enterprises), and individuals. Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) list it.
Core Business Areas
Bajaj Finance provides a variety of financial services under several categories:
1:Consumer Lending:
Personal loans
Consumer durable loans (e.g., loans for home appliances and electronics)
Two-wheeler and three-wheeler loans
EMI (Equated Monthly Installments) financing for products like smartphones and furniture
2:SME and Commercial Lending:
Business loans
Working capital loans
Loan against property (LAP)
Professional loans (e.g., for doctors and chartered accountants)
3:Rural Lending
Financial solutions designed for rural customers, including loans for agricultural equipment
Wealth Management:
4:Fixed deposits
Mutual funds
Insurance products
E-commerce and Digital Services:
Bajaj Finance has developed online platforms and apps for seamless digital transactions, including Bajaj Finserv EMI Card and the Bajaj Finserv app.
Key Features
Fast Loan Processing: The loan approval process at Bajaj Finance is renowned for being quick and simple. Minimal Documentation: The business makes loan applications easier by requiring less paperwork. Flexible Repayment choices: It provides EMI plans and flexible tenures as well as other customer-friendly repayment choices. Large Customer Base: Bajaj Finance leads the industry in a number of financial sectors and provides services to millions of consumers throughout India.
Digital Initiatives
To improve the client experience, Bajaj Finance has made large investments in technology. Without going to physical branches, its digital portals allow for online loan applications, EMI card administration, and access to a range of financial services.
Financial Performance
Bajaj Finance's strong business model, low non-performing assets (NPAs), and creative customer-focused tactics have all contributed to its steady growth over the years. It consistently posts impressive quarterly results and a rising market share in the Indian banking industry.
Awards and Recognition
Bajaj Finance has won numerous accolades for its customer happiness, innovation, and services.
Customer Support
Excellent after-sales services are provided by the business, and a committed customer support team is accessible by phone, email, and mobile apps. With its extensive portfolio, technologically advanced solutions, and emphasis on customer-centricity, Bajaj Finance is the industry leader in India's NBFC sector.
https://youtu.be/j8ZoxYb4Vfw?si=2xuzQ1CTiz_Y0exw
https://youtu.be/WRiJhf8vhVg?si=JIBn0b6T6tCXsKfg
https://www.youtube.com/live/Y8NLc68TMj0?si=YfVYBaMYjS4C6aed
.jpg)
0 Comments