Bajaj Finance news
BAJFINANCE reports Rs 1,556 crore in Q1FY26 microfinance loans
Bajaj Finance reported Rs 1,556 crore in microfinance loans for Q1 due to a business segment separation. The MFI business consists of 337 branches, with 4 new additions this quarter. Gross NPAs stood at Rs 17 crore and net NPAs at Rs 5 crore as of June 30. Provision coverage ratio is 73%. The self-regulatory organization and Karnataka government implemented measures to curb stress.
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