A day earlier, Bajaj Finance reported a 21 percent growth in its consolidated profit after tax to 3,825 crore. Its assets under management (AUM) grew by 34 percent to Rs 3.31 lakh crore.
The central bank said, in a statement, that the charge of non-compliance with the aforesaid statutory directions by the company was substantiated and warranted imposition of the monetary penalty.
Bajaj Finserv Q3 profit rises by 21 1% to Rs 2,157 67 crore, revenue up 33 5% on-year financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.