Bajaj Finance Ltd. on Tuesday reported a consolidated net profit of ₹4,545.6 crore for the March quarter, slightly below CNBC-TV18’s estimate of ₹4,578 crore. Net interest income (NII) also came in marginally lower than expectations at ₹9,807.1 crore versus a forecast of ₹9,880.9 crore. On a year-on-year basis, Bajaj Finance posted a 19% rise in
Bajaj Finance reported a robust performance in Q4 FY25, with its assets under management (AUM) rising 26% year-on-year to ₹4.17 lakh crore as of 31 March 2025. The company added approximately ₹18,700 crore to its AUM during the quarter, reflecting steady demand for its financial products. The non-bank lender’s customer franchise expanded to 101.82 million,
Bajaj Finance Ltd., one of India’s leading non-bank lenders, has received a “letter of displeasure” from the Reserve Bank of India with regards to its co-branded credit cards, sources with knowledge of the matter told CNBC-TV18 on Thursday, April 3. The RBI letter states that Bajaj Finance has not proactively identified gaps and vulnerabilities and