Lingering impact of note ban on Bajaj Finance

Loan loss provisioning in Q4 at Rs 290 cr is highest in last 5 quarters, signals 86% jump

Bajaj Finance is often considered as a benchmark in the non-banking financial services space for its asset quality. But, of late, it is becoming tough for Bajaj Finance to keep pace with the expectations. This is why, despite March quarter (Q4) results being in-line with analysts' estimates, the rise in gross non-performing assets (NPA) ratio disappointed investors, and weighed on Bajaj Finance's stock price which fell by 1.6 per cent on Wednesday.

Loan loss provisioning in Q4 at Rs 290 crore is the highest in the last five quarters and signals 86 per cent jump year-on-year. However, provisions for the quarter