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With growth story locked down, Bajaj Finance faces an eclipse year
May 19, 2020 | By Livemint.com
business
Gross bad loan ratios at 1.61% as of March were reasonably low but this is bound to change now with the twin blows of low growth and potential rise in slippages.Emerging pressure on wages, job losses and growing distress among small businessmen make conservin…
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After a dream run for over a decade, Indias largest non-bank consumer lender and its investors are coming to terms with a new normal of low growth and asset quality erosion.Bajaj Finance knows that it cannot do much about low growth because quarantined Indian
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