That said, the emerging narrative of a slowdown in consumption was visible on Bajaj Finance’s books too. As shown by the accompanying chart, the AUM (assets under management) growth of the lender was 23% year-on-year for the March quarter. Bajaj Finance’s infusion of capital into the subsidiary also shows that growth rates are expected to be high. More so, Bajaj Finance has delivered strong growth metrics consistently for several quarters now. Bajaj Finance’s asset liability position is comfortable and nearly 13% of its borrowings are from retail deposits.

Source: Mint May 16, 2019 17:37 UTC