Bajaj Finance board approves raising of capital through QIP for an aggregate amount not exceeding Rs8,500 crore by issue of equity shares.Stock of Bajaj Finance closed 1.54% lower at Rs3,365.65 on the BSE
Asset quality inched up a bit in first quarter. Gross non-performing assets as a percentage of gross advances increased 6bps QoQ to 1.60 percent and net NPA by 1 basis point to 0.64 percent during the quarter
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