Bajaj Finance Ltd (BFL) reported mixed Q4FY20 numbers, wherein operational numbers were better than expectations. However, a spike in provisions (mainly due to COVID-19 related provisions and one-offs) resulted in PAT coming below expectations. Consolidated net interest income (NII) grew to Rs. 4,684 crore (up 37.8% y-o-y, better than expectations) but PAT came at Rs. 948 crore (down 19.4% y-o-y), below expectations due to higher provisions. During Q4, provisions jumped to Rs. 1,953 crore (up by 135% from Q3) mainly due to one-time provision of Rs 1,419 crore (COVID-19-19 provision Rs 900 crore, Rs 390 crore for two large accounts now...