Bajaj Finance Ltd (BFL) remains in high vigilance mode and is constantly monitoring external market indicators like spread of infection and coverage of vaccination, the lender said in its FY21 annual report. “Bajaj Finance calibrated its risk policies and underwriting standards to respond to the pandemic.

It significantly tightened underwriting standards to ensure risk metrics and quality of the post-lockdown book is in line or better than that pre-covid-19 levels," the lender said.

This tightening, combined with a slowdown in demand, resulted in the assets under management not growing in line with earlier years, it said.

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

Bajaj Finance in high vigilance mode; tracking signals like covid, vaccine drive

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