Bajaj Housing Finance posts quarterly profit rise on strong loan growth
India’s Bajaj Housing Finance reported a 17.7% rise in second-quarter profit on Friday, helped by strong loan growth. The country’s biggest non-bank home loan financier by market value posted a profit of 7.57 billion rupees ($79.72 million) for the three mont...
India’s Bajaj Housing Finance reported a 17.7% rise in second-quarter profit on Friday, helped by strong loan growth. The country’s biggest non-bank home loan financier by market value posted a profit of 7.57 billion rupees ($79.72 million) for the three months ended September 30 from 6.43 billion in the year-ago quarter. Despite strong home loan demand driving growth, housing financiers have been navigating intensi...