The company offers wide range of products to its customers through multiple segments which includes products such as consumer durable loans, digital product loans, lifestyle product loans, 2 wheelerand 3 wheeler loans, salaried personal loans, e commerce consumer finance, working capital loans, loan to professionals, commercial loans, gold loans, home loans etc.In its latest quarterly results https://www.2011jerseysstore.com , Bajaj Finance reported 63 percent growth in PAT to Rs 1506 crore led by 38 percent loan growth and NIM expansion of 90 bps to 12.1 percent YoY. Asset quality remains under control with GNPAs and NNPAs coming at 1.61 percent and 0.65 percent respectively.A well diversified credit portfolio, focus on cross selling, customer acquisition, systematic expansion in delivery channels both physical and virtual, and distribution of products through these channels are likely to sustain robust growth in AUM going forward.We reiterate our coverage on Bajaj Finance with abuy rating and target price of Rs 4,818 per share. Watch Now!First Published on Feb 3, 2020 12:15 pmtags Bajaj Finance Stocks ViewsLatest Updates : Coronavirus Outbreak’All my dreams are shattered’: Coronavirus crushes Asia’s garment industryCoronavirus pandemic Increased use of social media during lockdown leading to stress among youngsters: Study.
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