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.
Govt plans alternative financing plans for MSME exporters
The government is planning to introduce alternate financing models, including export factoring services and trade credit insurance, to support MSME exporters. This initiative aims to
February 2, 2025