Bajaj Finance reported an 18% increase in consolidated net profit for the December quarter, reaching Rs 4,308 crore. Total income rose to Rs 18,058 crore, while assets under management grew by 28%.

Results: Bajaj Finance on Wednesday reported an 18 per cent increase in consolidated net profit to Rs 4,308 crore for the ...

Though the net profit grew by 27% year-on-year to ₹425 crore, the drop in provision coverage ratio, both sequential and year-on-year, spooked investors. The ratio fell to 44.5% from 53% in the ...

The provision coverage ratio, including technical write-offs, improved to 99.47% as of December 31, 2024, from 99.17% a year ago. The bank's capital adequacy ratio rose to 21.98% during the ...

The gross non-performing assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent in March 2018, the Finance ...

The provisioning coverage ratio — a measure of banks’ ability to handle potential losses — improved to 77% by September, primarily due to proactive measures by state-owned banks. While ...