Shares of India’s Bajaj Finance jumped as much as 5% on Thursday after analysts said the lender’s improving asset quality, easing credit costs and reaffirmation of its profit forecast point to a stable outlook despite earlier stress in small business lending.
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Analysts said tighter underwriting and improving asset quality have laid the groundwork for steadier and more durable growth, with CLSA noting that asset quality trends have been strengthening for the last two to three quarters.
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Source: Reuters | Published: 2026-04-30T04:55:12Z
Credit: Reuters
