Bajaj Housing Finance posts higher profit on loan growth

India’s Bajaj Housing Finance on Wednesday reported a 23% rise in its first-quarter profit, helped by higher loan growth. Bajaj Housing, the largest housing finance firm by market capitalisation in the country, reported a net profit of 7.15 billion rupees ($74.75 million) for the quarter ended June 30, up from 5.83 billion rupees a year earlier. The company, which posted an assets under managem...