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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.
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.
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.
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.