Latest news with #BajajCapital
Business Standard
a day ago
- Business
- Business Standard
Bajaj Capital's Deputy CEO, Kalpesh Dave, Honored with 'Bharat ki Udaan' Best CEO Award for Wealth Management
PNN New Delhi [India], June 19: In a moment of immense pride and celebration for the entire Bajaj Capital family, our esteemed CEO, Kalpesh Dave, has been conferred with the prestigious 'Bharat ki Udaan - Best CEO Award' for Wealth Management by the Government of India. The honor was bestowed by the Minister of Micro, Small and Medium Enterprises, Jitan Ram Manjhi, in association with Zee Bharat. This national recognition is a testament to Dave's unwavering dedication to financial education and his visionary leadership in furthering the mission of building a financially literate India. Transforming Financial Literacy Across India Over the years, Dave has played a transformative role in redefining the financial awareness landscape across the country. Under his stewardship, Bajaj Capital has empowered thousands of investors with sound wealth management strategies and has been a torchbearer for nationwide financial literacy for over six decades. His personal commitment to this mission has extended Bajaj Capital's reach, empowering students, young professionals, homemakers, and underserved communities to navigate the complexities of financial markets. From conducting workshops in schools and colleges to speaking at key industry forums and public platforms, Dave ensures that every Indian--regardless of age or background--has access to essential financial knowledge. His efforts have complemented and reinforced the government's broader vision of promoting financial inclusion and creating an Atmanirbhar Bharat and Viksit Bharat. A Leader with Purpose Accepting the award, Dave remarked, "This award is not just a personal honor--it is a recognition of the values we uphold at Bajaj Capital. We believe that true empowerment begins with financial literacy. Every Indian should be equipped to make informed financial decisions, and we will continue to work tirelessly towards that goal." A Proud Achievement for Bajaj Capital This milestone is not only a testament to Dave's exceptional leadership but also a proud achievement for Bajaj Capital as a whole. It reflects the company's relentless pursuit of excellence and commitment to social responsibility. As we celebrate this momentous occasion, it reaffirms our collective belief that impactful leadership combined with a strong social purpose can create ripples of change across generations. We look forward to continuing this journey under Kalpesh's dynamic leadership, helping more Indians navigate their financial journeys with confidence and clarity. Heartiest congratulations to Kalpesh Dave on this well-deserved honor! (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
Business Standard
4 days ago
- Business
- Business Standard
Nucleus Software appoints Aabhinna Khare as CMO to lead global brand transformation
Nucleus Software has announced the appointment of Aabhinna Suresh Khare as its new chief marketing officer (CMO). Aabhinna will lead the global marketing vision, spearhead digital brand transformation, and drive deeper stakeholder engagement across geographies. With over 18 years of multi-sector leadership experience, Aabhinna has been instrumental in building and scaling customer-centric brands across fintech, media, and consumer-tech industries. He has previously held senior roles at Bajaj Capital, BookMyForex, IndiaMart, Travel Triangle, and Star & Zee Networks, where he led impactful marketing strategies aligned with business growth and innovation. An alumnus of MICA (Gold Medalist) and NIT Raipur, Aabhinna has further sharpened his leadership through executive programs at ISB (Customer Experience) and Reforge (Product & Analytics). Parag Bhise, CEO & Executive Director, Nucleus Software, said: We are delighted to welcome Aabhinna to Nucleus Softwares leadership team. His deep expertise in modern marketing, combined with a strong understanding of technology, makes him a valuable addition as we accelerate our global growth. Aabhinnas vision of AI-powered storytelling and purpose-led brand building aligns with our mission to deliver value with trust and innovation. Nucleus Software is a software product company that provides lending and transaction banking products to the global financial services industry. The scrip shed 0.42% to currently trade at Rs 1178 on the BSE.
Time of India
5 days ago
- Business
- Time of India
Nucleus Software appoints Aabhinna Suresh Khare as chief marketing officer
Nucleus Software , India's provider of robust digital lending and transaction banking solutions to the global financial services industry , has announced the appointment of Aabhinna Suresh Khare as its new chief marketing officer (CMO). In his new role, Khare will lead the global marketing strategy , drive digital brand transformation and strengthen stakeholder engagement across markets. With over 18 years of multi-sector leadership experience, Khare has been instrumental in building and scaling customer-centric brands across fintech, media, and consumer-tech industries. He has previously held senior roles at Bajaj Capital, BookMyForex, IndiaMart, Travel Triangle, and Star and Zee Networks, where he led impactful marketing strategies aligned with business growth and innovation. This appointment reflects Nucleus Software's continued investment in strategic brand leadership at a time when AI, digital experience, and trust-driven communication are defining the next era of enterprise engagement. "We are delighted to welcome Aabhinna to Nucleus Software's leadership team. His deep expertise in modern marketing, combined with a strong understanding of technology, makes him a valuable addition as we accelerate our global growth. At Nucleus, we have always believed in building meaningful connections—with our customers, our people, and the industry. Aabhinna's vision of AI-powered storytelling and purpose-led brand building aligns with our mission to deliver value with trust and innovation," said Parag Bhise, chief executive officer and executive director, Nucleus Software. An alumnus of MICA (Gold Medalist) and NIT Raipur, Khare has further sharpened his leadership through executive programs at ISB (Customer Experience) and Reforge (Product and Analytics). His marketing philosophy blends data-backed decisions, storytelling at scale, and human-centered design to deliver measurable business impact. "We are at the edge of a paradigm shift where AI is not just transforming technology—but reshaping how we build trust, tell stories, and connect with people. At Nucleus, we're uniquely positioned to lead this transformation with purpose and intelligence," said Khare. "My vision is to craft a brand that is as advanced as the solutions we offer—smart, scalable, and deeply human. A brand that doesn't just talk about innovation, but embodies it at every touchpoint', he further added. Beyond the boardroom, Khare is a passionate advocate of fitness and personal mastery—having completed the 75 Hard challenge twice. He is a lifelong learner intrigued by the intersection of spirituality, mythology, and business, often drawing inspiration from ancient wisdom to inform modern strategy. He describes his journey as the pursuit of Arete (ἀρετή)—a classical Greek concept of excellence in thought and action. As Nucleus Software accelerates its growth across global banking ecosystems, Khare's vision and leadership will help shape a brand that is future-ready, purpose-driven, and differentiated in a crowded marketplace, the company stated in a press release.
News18
10-06-2025
- Business
- News18
The Silent Crisis: Indian Families Delay Crucial Insurance Decisions
Last Updated: Sanjiv Bajaj points out the cultural delay in Indian households on insurance, causing financial instability. Authored by Sanjiv Bajaj, Jt. Chairman & MD, BajajCapital: In Indian households, silence often surrounds subjects that matter the most — death, illness, disability, and financial crisis. We speak of ambition and dreams with pride, but whisper about risks and realities. Insurance, unfortunately, finds itself in that category of hushed conversations. It's bought after a health scare, after a friend's tragedy, or after a sudden loss — rarely before. In doing so, we gamble not just with money, but with the very stability of our families' future. This is not just a cultural pattern. It's a quiet epidemic of delay. And the cost? It shows up in unpaid hospital bills, denied claims, debt traps, and shattered dreams. According to the IRDAI's 2023 Annual Report, more than 15,000 life insurance claims were rejected — many for avoidable reasons like delayed policy initiation or inaccurate disclosures. In health insurance, only 28% of women over 50 are covered under individual plans. Among homemakers, the number is even lower. Behind these numbers are families who did everything else right — they saved, they sacrificed, they planned for weddings, tuition fees, and festivals. But they postponed the one safety net that could have secured it all. The Cultural Delay: Why We Wait There are emotional, social, and systemic reasons why insurance often arrives too late in Indian lives: Higher Premiums: The later you buy, the more you pay — often 2x or 3x for the same cover if bought a decade earlier. Denied Coverage: Post-40, insurers scrutinize medical histories more strictly. Chronic conditions can lead to limited or no coverage. Weaker Financial Buffers: Without a health or life insurance policy, medical emergencies lead to liquidating savings, taking personal loans, or falling into debt traps. Inheritance Chaos: A sudden death without a claim-ready policy (clear nominee, updated contact details, etc.) delays payouts and creates emotional and legal distress. Emotional Toll: When parents or partners are uninsured, the burden falls on children, siblings, or extended family — emotionally, physically, and financially. A 2022 case in Bengaluru involved a 38-year-old tech professional who passed away unexpectedly. Though he had employer-provided group insurance, the coverage lapsed the moment he switched jobs. He had not purchased an individual term plan. His wife and two young children were left scrambling — financially unprepared, emotionally shattered. This isn't an exception. It's the rule playing out across cities and towns in India. What Needs to Change — And How We Can Do Better Normalize Insurance Conversations- Talk about it as essential, not optional. Make it part of every financial planning discussion — especially at milestones like marriage, childbirth, or home loans. Start Early- The best time to buy insurance is when you don't need it — because you're healthy, young, and eligible for affordable premiums. Cover the Caregivers- Insure homemakers and parents. Their contributions, though not counted in rupees, are the bedrock of family stability. Go Beyond the Basics. A term plan and a claim-ready health insurance policy (with updated nominee details and documentation) should be considered non-negotiable. Review Annually. Lives change, income changes, families grow. So should your coverage. Conclusion: Insurance Is Not a Product. It's a Promise Insurance is not just about money. It is about dignity in distress. It is about protecting your child's education from being derailed by a diagnosis. It is about ensuring your partner doesn't spend years in court chasing a claim. And above all, it is about giving your family the only thing more important than wealth — certainty. If India wants to protect its future, it must insure its present — proactively, honestly, and urgently. It is authored by Sanjiv Bajaj, Jt. Chairman & MD, BajajCapital The views expressed in this article are those of the author and do not represent the stand of this publication. About the Author Varun Yadav Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian More Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! First Published:
