Analysts believe that the early resolution of RBI s restrictions in less than 6 months comes as a positive surprise and endorses the management s ability to course-correct quickly when needed
Bajaj Finance s net profit is likely to rise 22 percent YoY to Rs 3,836 crore in Q4FY24, while net interest income might climb by 40 percent YoY to Rs 8,764 crore
Sources had previously told CNBC-TV18 that Bajaj Finance is likely to raise up to Rs 18,800 crore via QIP. The indicative price for the fundraise is likely to be at 4 percent discount to current market price.