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Bajaj Finance has 27% of loanbook under moratorium, avoided benefit to riskier customers: MD Rajeev Jain
May 19, 2020 | By Livemint.com
business
Auto finance business of the company has the highest percentage of loans under moratorium at 70% (Rs9,611 crore.Bajaj Finance’s consolidated AUM stood at Rs1.43 trillion, of which Rs38,599 crore is under moratorium
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MUMBAI : Bajaj Finance Ltd has 27% of its loanbook under the three-month moratorium but has not allowed the deferment to customers with a high probability of default, said its managing director Rajeev Jain.Jain spoke to analysts on Tuesday after declaring it
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