Bajaj Finance’s management team, led by its Managing Director Rajeev Jain, said that over the past 10 days, the company had lost nearly 350,000 customers, impacting its assets under management (AUM) by Rs 4,750 crore (3.22 per cent of total AUM as of March 31).This explained why the 27 per cent AUM growth in the March 2020 quarter (Q4) compared weakly against its 7-quarter average growth of 37 per cent. Had the company not lost these customers, AUM for Q4 would have grown 31.5 per cent year-on-year (YoY).
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By Deepika Bhardwaj Also called FGM (Female Genital Mutilation) is the practice of excising the clitoris and labia of a girl or woman and s... -
The Hindenburg report, released on 24th Jan, 2023 had the intended outcome. The short seller shaved off $ 100 Billion Dollars or more of Ada...
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