Bajaj Finance is “transitioning to a financial services and payments player in the medium term and is entering new credit segments like microfinance, new car finance, flexi loans on QR for merchants, and tractor finance, which will scale up over the medium term. A diversified funding base, the management’s deep pool of domain expertise, AAA rating, and positive ALM in the less than one-year bucket provides tailwinds,” said analysts at Phillip Capital.
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