Page 25 - Bajaj Finance

Lingering impact of note ban on Bajaj Finance

Bajaj Finance is often considered as a benchmark in the non-banking financial services space for its asset quality. But, of late, it is becoming tough for Bajaj Finance to keep pace with the expectations. This is why, despite March quarter (Q4) results being in-line with analysts' estimates, the rise in gross non-performing assets (NPA) ratio disappointed investors, and weighed on Bajaj Finance's stock price which fell by 1.6 per cent on Wednesday.Loan loss provisioning in Q4 at Rs 290 crore is the highest in the last five quarters and signals 86 per cent jump year-on-year. However, provisions for the quarter were higher due to an additional charge of Rs 89 crore on account of demonetisation. "Post demonetisation we estimated the resultant impact on our book at Rs 100 - 120 crore. Of this, we have provided Rs 89 crore in Q4. So, there could be some spill over in the next quarter also," explains Rajeev Jain, managing director, Bajaj Finance. Jain attributes much of the incremental ...

Bajaj Finance Q3 profit rises 36% to over Rs 555 cr

Net interest income (NII) also witnessed a rise of 33% at Rs 1,749 crore from Rs 1,320 crore

Bajaj Finance gains post Q3 results

The stock moved higher by 6% to Rs 1,053 on the BSE

Bajaj Finance: Rich valuations defy rising stress

Loan disbursement growth in many of its segments has slowed down even as cash collections have nearly halved

More headwinds ahead for Bajaj Finance

But experts believe any further stock fall provides good entry for long-term investors

Bajaj Finance gains on fixing record date for bonus, stock split

The company fixed September 10, 2016 as record date for stock split from Rs 10 to Rs 2 & 1:1 bonus issue.

Bajaj Finance's rich valuations sustainable

Expectations of strong earnings growth and expansion in return ratios will support high valuations

Bajaj Finance surpasses YES Bank, Dr Reddys, Dabur India in m-cap ranking

Thus far in the current calendar year 2016, Bajaj Finance zoom over 80% against 8% rise in the S&P BSE Sensex.

Bajaj Finance ups the ante every quarter

Strong rural penetration and niche business model aid robust growth and profitability

Bajaj Finance hits fresh record high on strong Q1 results, 1:1 bonus

The stock moved higher to its fresh record high at Rs 9,385, up 4.5% on the BSE.

Bajaj Finance surges on bonus issue, stock split plan

The stock surged 6% to Rs 8,670, also its fresh lifetime high on the BSE.

TCS' talent management platform to power Bajaj Finance

The platform will enable and enhance the new generation HR experience to over 6,000 employees in BFL

Bajaj Finance: Consumer portfolio driving growth

Consumer lending grew 43% in FY16, but change in strategy curtailed housing loan business

Bajaj Finance enters life care financing segment

The NBFC is expecting to garner a share of up to 5% in the next five years of this Rs 20,000 crore market