Bajaj Finance Shares Surge Despite RBI "Letter of Displeasure"

j Finance shares experienced a significant uptick, breaking a four-day losing streak, following the release of its impressive Q4 FY25 operational updates. The company reported a 26% year-on-year increase in Assets Under Management (AUM), reaching approximately Rs 4.17 lakh crore as of March 31, 2025, compared to Rs 3.31 lakh crore in the previous year.   Furthermore, Bajaj Finance disbursed a record 1.07 crore loans in the quarter, marking a substantial 36% year-on-year growth. The company's customer franchise also saw a healthy expansion, rising by nearly 22% to 10.18 crore. The deposit book grew by 19% to Rs 71,400 crore.   This strong performance propelled the stock upwards, recovering from a recent dip after it hit a 52-week high of Rs 9,260 on March 25. The stock has risen nearly 26% so far in 2025.   However, this positive momentum comes amidst news of Bajaj Finance receiving a "letter of displeasure" from the Reserve Bank of India (RBI), as reported by CNBC Awaaz. The RBI's letter highlighted lapses in the company's co-branded credit card business, stating that its current arrangements expose customers to risks due to inadequate internal controls and processes.   Despite the RBI's concerns, the market appears to be focusing on the company's robust operational performance. Investors are likely weighing the strong growth figures against the regulatory concerns, suggesting confidence in Bajaj Finance's ability to address the issues raised by the RBI.