Axis Securities Report
Healthy operating metrics:Bajaj Finance Ltd. added 3.23 million customers (+5/-16% YoY/QoQ) during the quarter versus 3.1/3.9 million customer YoY/QoQ, taking the total customer base to 83.64 million customers (+21/4% YoY/QoQ). The company booked ~7.9 million loans during the qtr. (+4/-20% YoY/QoQ). The new loans booked during the quarter were lower by approximately 0.8 million on account of the restrictions placed by the RBI, on sanction and disbursal…
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