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Bajaj Finance confident of absorbing second Covid wave impact

India city Mumbai infection Waves
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Mumbai: The largest non-bank lender Bajaj Finance (BFL) on Tuesday said that it can mitigate any disruption caused by the second wave of covid infections in the first quarter.

The management clarified that despite the disruptions, the company remains open for business across geographies in line with local administration advisories.“As a high-frequency indicator, in the last 7-10 days, the company has continued to originate 50-55% of daily volumes in B2B business, 80-85% in B2C and SME businesses and 40-50% in mortgages.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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