Financing and general insurance businesses continue to outperform Bajaj Finance (BAF), the financing business and BAGIC, the general insurance arm, both reported strong 1QFY19 numbers while BALIC, the life insurance business could continue to witness muted APE growth owing to the high-base set last year. BAF reported 1QFY19 net profit of INR 8.35bn as per IndAS, up 81% YoY. As per IGAAP, net profit was up 69% YoY at INR 10.18bn. This strong performance was supported by robust customer acquisition and stellar asset quality. BAGIC continued to report best-in-class CORs of 90.2% in 1QFY19 vs. 95.8% last year on the back of retail-focussed product mix and strong distribution. BALIC...