The revision reflects macroeconomic challenges such as persistent inflation, weak urban demand, and revised EPS projections for FY25–27, according to the brokerage.
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,
Next year, Bajaj Finserv is paving the way for a dynamic foray into pensions and wealth management, setting the stage for a robust financial future.
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