Ergo, concerns that loan growth would be hampered yet again had begun to grow. With growth concerns allayed, investors would now want to be reassured on asset quality as well. “By the look of the collections and the guidance on credit costs, there could be some trouble on asset quality. In light of the risks to asset quality, the company’s valuations appear lofty. Bajaj Finance has so far escaped a deep scar on its asset quality despite the pandemic.

Source: Mint July 06, 2021 17:15 UTC