Bajaj Finance share price: The non-banking financial company forecast its assets under management to grow between 26 per cent and 28 per cent in the fiscal year that started April 1, 2024, compared with 34 per cent growth in the previous year.
ROE may remain marginally lower than the company s long-term guidance due to additional capital of Rs 9097 crore raised during Q3FY24, said Bajaj Finance managemnet
Bajaj Finance: The RBI banned two of Bajaj Finanec products, viz. Insta EMI Cards and e-Comm transactions in November 2023 and Bajaj Finance suggested it expects to make the final submission to the apex bank within a few weeks.
Bajaj Finance shares rose 4.64 per cent to Rs 7,724.90 on BSE. With this, the stock has gained 16 per cent in the last one year. The NBFC said its assets under management (AUM) grew 35 per cent to Rs 3,11,000 crore as on December 31, 2023.