Background: Bajaj Finance, a subsidiary of Bajaj Finserv is a leading NBFC with INR 689bn Assets under Management. The AUM is diversified with 2-3 Consumer Finance 45.7%, SME business 34%, Commercial-14.6% & Rural- 5.7%. Asset Quality is strong with Gross NPA - 1.7% & Net NPA - 0.53% with Prov Coverage at 69%. On liabilities, Banks, Money market and retail deposits for 32%, 58% & 10% respectively. Return ratios are very healthy in 1QFY18 with ROA at 1% & ROE at...