Bajaj Finance Q4 Review - Long Term Prospects Intact: ICICI Direct
A customer holds Indian rupee notes at a store in the Dadar wholesale flower market in Mumbai. (Photographer Dhiraj Singh/Bloomberg)

Bajaj Finance Q4 Review - Long Term Prospects Intact: ICICI Direct

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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.

ICICI Direct Report

Bajaj Finance Ltd. posted a steady set of numbers on the business and operational front with QoQ improvement in assets under management, profitability being boosted by lower provisions.

With high frequency risk, collections not warranting risk stance change guidance remains the same. Hence, it is a welcome sign.

During the quarter, assets under management growth on a sequential basis was at a multi quarter high of 6.5% at Rs 152,947 crore led by 6.1% QoQ rise in mortgage book, while small medium enterprise, business-to-consumer and securities lending also showed respectable growth.

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ICICI Direct Bajaj Finance Q4FY21 Result Review.pdf

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