Kotak retained a ‘Reduce’ stance on the counter and estimates the fair value at Rs 6,800. Bajaj Finance reported a strong quarter, buoyed by AUM growth, with sales finance (consumer durable loans), two-wheeler and commercial loans being the largest drivers. As such, momentum may remain strong at 27% YoY for the rest of the year, but moderate from the highs of Q1.
A CEO’s perspective: India must get rich before it gets old
India’s demographic dividend is shrinking, raising concerns about economic growth. While the nation is poised to become the third-largest economy by 2030, challenges like the
February 2, 2025