AUM growth to remain robust at 26-28% in FY25E, but NIM compression to keep earnings muted in H1FY25E
Bajaj Finance’s (Bajaj) Q4FY24 financial performance was mixed as AUM growth, new customer acquisition, asset qualityand operating efficiencies continued to trend as envisaged; continued stress in rural B2C and 21bps QoQ NIM contraction were dampeners.