01-05-2023 09:52 AM | Source: Reuters
India`s Bajaj Finance falls over 8% as loan growth, AUM moderates in Q3
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
BENGALURU - Shares of Bajaj Finance fell as much as 8.3% on Thursday, a day after the Indian shadow lender reported moderation in loan growth and assets under management (AUM) during the third quarter.
New loans booked in the quarter ended Dec. 31 were up 5.4% year-on-year against 7.9% recorded in the second quarter, while AUM grew 27% as of Dec. 31 against the 31% recorded in the previous quarter.
Latest News
Budget 2024: What Karnal residents expect from FM Ni...
Comments on Economic Survey 2023-2024 by Mr Shrey Ja...
Economic Survey lists six key growth areas for ?Amri...
Daily Market Analysis : The markets began the week o...
Top destinations for Indian travelers
India has well-established infra to attract FDI in r...
Post Market Comment by Mandar Bhojane, Research Anal...
Beyond the beaches: Delving into Bali's culture
To all the beach bums: Discover New Zealand's Coasta...
Karur Vysya Bank gains on reporting 28% rise in Q1 n...
