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  • Q3 net up 33%; focusing on rural lending: Bajaj Finance Jan 14, 2015 02:42 PM IST

    Q3 net up 33%; focusing on rural lending: Bajaj Finance

    Third quarter net profits for Bajaj Finance rose 33 percent to Rs 258.4 crore while revenues jumped 38 percent to Rs 1,476.5 crore. Shares surged over 15 percent following the earnings declaration. CEO Rajeev Jain said the company was increasing its focus on rural lending.

  • We expect 25% loan growth for FY14: Bajaj Fin Jan 15, 2014 06:26 PM IST

    We expect 25% loan growth for FY14: Bajaj Fin

    Bajaj Finance's Q3 PAT is up 21 percent. However, the company took an accelerated provisioning in Q3 (a one-time number), adjusted for that, it would have been a 30 percent profit growth, says Rajeev Jain.

  • Bajaj Finance net up 27%, AUM at Rs 19,229 cr: Rajeev Jain Jul 18, 2013 06:18 PM IST

    Bajaj Finance net up 27%, AUM at Rs 19,229 cr: Rajeev Jain

    Bajaj Finance has reported profit after tax of 27 percent at Rs 176 crore, which includes a one-time standard asset provisioning to the tune of Rs 18 crore. It's assets under management stood at Rs 19,229 crore.

  • Life biz likely to see further contraction: Bajaj Finserv May 15, 2013 07:10 PM IST

    Life biz likely to see further contraction: Bajaj Finserv

    Sanjiv Bajaj, MD, Bajaj Finserv. says he says the big growth numbers this quarter came from Bajaj Finance and Bajaj Allianz General Insurance, whereas Bajaj Allianz Life insurance has seen a drop as the industry has contracted because of the number of new product regulations in the recent past.

  • Will slowly start lending to commercial: Bajaj Finance CEO May 15, 2013 06:54 PM IST

    Will slowly start lending to commercial: Bajaj Finance CEO

    Since last four quarters Bajaj Finance has been reducing its loan exposure to commercial segement including infra, equipments and vendor financing. It is now bottomed out. It will again start lending to this sector.

  • Had one-off provision hit of Rs 8cr in Q3: Bajaj Finance Jan 15, 2013 08:07 PM IST

    Had one-off provision hit of Rs 8cr in Q3: Bajaj Finance

    Bajaj Finance is seen as one of the major contenders for applying the new banking license. In its third quarter earnings, the company has cautiously reduced its exposure to infrastructure lending while extending credit to the affluent class for buying white goods (viz. fridge, tv, washing machine) and vehicles.

  • Consumer biz boosts growth, demand to pick up: Bajaj Fin Jan 15, 2013 03:32 PM IST

    Consumer biz boosts growth, demand to pick up: Bajaj Fin

    Rajeev Jain, CEO, Bajaj Finance explains on CNBC-TV18 that the company was able to post a growth of 37 percent thanks to the superlative performance by the company‘s consumer businesses- the consumer electronics financing and the two-wheeler financing arms

  • Q2 results review: Macquarie bets on HDFC Bank, YES Bank Nov 02, 2012 01:37 PM IST

    Q2 results review: Macquarie bets on HDFC Bank, YES Bank

    In an interview to CNBC-TV18 Suresh Ganapathy of Macquarie reviewed the second quarter financial performance of various public and private sector banks.

  • Infra lending to de-grow by 8% in FY13: Bajaj Finance Oct 19, 2012 05:22 PM IST

    Infra lending to de-grow by 8% in FY13: Bajaj Finance

    Higher loan provisions tempered Pune-based Bajaj Finance's second quarter (July-September) net profit growth. Without the provisions, the non-banking finance company's net profit would have risen 58% instead of 48%, chief executive Rajeev Jain told moneycontrol.com.

  • Margins steady, Bajaj Fin eyes 25-30% loan growth in FY13 Jul 17, 2012 03:22 PM IST

    Margins steady, Bajaj Fin eyes 25-30% loan growth in FY13

    Rajeev Jain, CEO of Bajaj Finance said the net profit after tax has been driven up mainly because of credit performance which holds reasonably steady across most of the company‘s businesses. He further added that the margins too are quite secure.

  • See AUM around Rs 13000cr by Q4-end: Bajaj Finance Jan 18, 2012 02:46 PM IST

    See AUM around Rs 13000cr by Q4-end: Bajaj Finance

    In an interview to CNBC-TV18, Rajeev Jain, chief executive officer of Bajaj Finance says, the third quarter has been excellent. According to him, demand has slowed down. “The overall competitive environment remains benign. That is helping us continue to hold our guidance of close to Rs 13,000 crore of AUM by end of Q4,” he adds.

  • Life insurance biz topline to grow from Q3: Bajaj FinServ Oct 19, 2011 05:55 PM IST

    Life insurance biz topline to grow from Q3: Bajaj FinServ

    In an interview to CNBC-TV18, Sanjiv Bajaj, managing director of Bajaj FinServ said, the life insurance business has seen very strong profit. “But on the top-line, the industry and we have continued through four-five quarters of declining growth.” From third-fourth quarter, he expects some growth coming on the top-line of life insurance business.

  • Bajaj Finance sees FY12 profit up 50%- CEO Oct 19, 2011 04:05 PM IST

    Bajaj Finance sees FY12 profit up 50%- CEO

    Bajaj Finance sees FY12 profit up 50 pct - CEO

  • Bajaj Finserv sees sales slowing from Q3 Jul 29, 2011 02:10 PM IST

    Bajaj Finserv sees sales slowing from Q3

    Sanjiv Bajaj, managing director of Bajaj FinServ & Investments, in an interview with CNBC-TV18's Latha Venkatesh, said that their will either be a slowdown on topline growth or crimping of margins with Reserve Bank of India's (RBI) shocking rate hike.

  • Bajaj Fin sees loan book at Rs 11500-12000cr by FY12-end Jul 13, 2011 03:35 PM IST

    Bajaj Fin sees loan book at Rs 11500-12000cr by FY12-end

    In an interview with CNBC-TV18, Rajeev Jain, chief executive officer of Bajaj Finance said, the company is continuing to see improvement in asset quality across lines of business. He sees loan book at Rs 11,500-12,000 by FY12-end.

  • More rate hikes can hurt Bajaj Finserv's margins in H2FY12 May 17, 2011 05:52 PM IST

    More rate hikes can hurt Bajaj Finserv's margins in H2FY12

    Bajaj Finserv has reported a strong quarter with income surging to Rs 1300 crore. Sanjiv Bajaj, MD, tells CNBC-TV18 that the company can maintain its margins in the next 2 quarters, but a further hike in interest rate could play spoilsport ahead.

  • Full yr target for disbursements at Rs 9,000cr: Bajaj Fin Jan 18, 2011 03:43 PM IST

    Full yr target for disbursements at Rs 9,000cr: Bajaj Fin

    Rajeev Jain, CEO of Bajaj Finance, in an interview on CNBC-TV18 said the company delivered its highest ever profits in the third quarter for this financial year. “For nine months of the year as well, the company has had an excellent run so far where we are up 180% YoY on a consolidated basis,” he claimed.

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