India's Bajaj Finance beats profit estimates as provisions drop – Reuters
BENGALURU, Jan 27 (Reuters) – Indian shadow lender Bajaj Finance (BJFN.NS) posted a bigger-than-expected rise in third-quarter profit on Friday, helped by a drop in provisions for bad loans and an increase in interest income.The company's consolidated net profit rose 39.9% to 29.73 billion rupees ($364.8 million) in the quarter ended Dec. 31. Analysts on … Read more