Though the portfolio growth is expected to drive an improvement in revenue, the expected elevated credit costs are likely to keep the profitability subdued in FY2022.
Bajaj Finance remains well capitalised with a capital adequacy ratio (CRAR) of approximately 27.0% as of 31 December 2021.
Gujarat Fluorochemicals rose 4.34% to Rs 2685, extending gains for the fourth trading session.
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