Tepid AUM growth; Strong loan accounts growth Bajaj Finance registered a tepid growth in its AUM sequentially (37%YoY, 1.8%QoQ) to INR 442bn in 4QFY16 due to negative growth in segments such as LAP (-6%QoQ), Self-employed home loans (-5%QoQ), Consumer durables (-6%QoQ) and Salaried loans (-11%QoQ). Segments such as LAP and home loan de-grew as the company shifted to sourcing all of its loans directly. Management...