fintech / news / / CNBC TV18
Bajaj Housing Finance's March quarter results were led by healthy assets under management (AUM) growth, stable asset quality and better operating efficiency.
Bajaj Housing Finance's net interest margin declined to 3.8% from 4% sequentially in Q4 FY24.
KEY POINTS
- Management expects some spread compression in FY27 as new lower-yield loans replace older high-yield ones.
- Sambhav Housing aims for over ₹600 crore monthly disbursements within the next 12 months.
- HSBC cut Bajaj Housing Finance's FY27 and FY28 EPS estimates due to pressure on spreads.
COMPANIES
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