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India’s Bajaj Finance beats Q1 profit view on robust loan demand

BENGALURU, July 26 (Reuters) – Indian non-bank lender Bajaj Finance (BJFN.NS) reported a bigger-than-expected increase in quarterly profit on Wednesday, boosted by healthy loan growth and strong customer additions. The company’s consolidated profit after tax rose a little over 32% to 34.37 billion rupees ($419 million) in the first quarter, …

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