Bajaj Finance - Accelerated Business Transformation Underway: Motilal Oswal

Indian two thousand rupee banknotes are arranged for a photograph in Mumbai. (Photographer: Dhiraj Singh/Bloomberg).

Bajaj Finance - Accelerated Business Transformation Underway: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Bajaj Finance Ltd.’s annual report shares a glimpse of the management’s two-pronged strategy implemented in FY21:

  1. Conservatism and prudence.

  2. The acceleration of the business transformation plan.

With the various steps taken during the pandemic, the company is confident of achieving higher volumes, a leaner cost structure, and a strong digital platform offering superior services across the value chain.

The focus throughout the year was on:

  1. Capital management (tier I of 25% plus).

  2. Achieving abundant liquidity (12–13% of borrowings).

  3. Lowering operating expenses (opex to assets down 70 basis point).

  4. Expanding collections and servicing capabilities (costs up 18% YoY).

  5. Strengthening underwriting.

  6. Gaining a sharp perspective on risk management.

Click on the attachment to read the full report:

Motilal Oswal Bajaj Finance Annual Report Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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