Bajaj Finance Q3 results: Profit falls 29% on slow loan growth

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The Economic Times


Consumer lending company Bajaj Finance said its net profit declined 29% in the third quarter as loan growth remained weak and the firm had to also reverse some interest income.Profit shrank to Rs 1,146 crore from Rs 1,614 crore a year ago. Bajaj Finance’s gross NPA stood at 0.55% down from 1.61% a year ago.





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