Bajaj Finserv, a financial services company, is scheduling an investment of Rs. 50-75 cr in the asset management business in partnership with Allianz. Whereas the business would be launched in calendar year 2012, the investment would be made over 2-3 years.
The important thing is to build a strong retail business, that's what we are focused on. We think that's the need and that's also the longer term opportunity.
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