If the economic slowdown has made Indians think twice before buying a car or upgrading their gadgets, it is obvious they would also hesitate to finance their desires through loans.
The first signs of consumption slowdown were already visible a few quarters before. Now with Bajaj Finance’s apparent caution on loans, it has become amply clear that consumption demand remains weak.
Bajaj Finance’s Q1 show strong, but some warning signs worry investors
Bajaj Finance share price soars 6% after strong Q1 results; should you buy or sell stock?
Bajaj Finance Shares Tumble 5.6 Percent After Q1 Results on Asset Quality Concerns
Bajaj Finance Q1 net rises 43% YoY to a record Rs 1,195 crore; NBFC reports 69% spike in provisions
Bajaj Finance Net Profit Rises 35% In June Quarter, Asset Quality Stable
Stocks in the news: Tata Motors, Bank of Baroda, Biocon, PVR, Trident, TRF, Techno Electric
Stocks to watch: Vedanta, Tata Motors, YES Bank, PNB, Maruti, Bajaj Auto