Covid 19 pandemic: Bajaj Finance loses 350,000 customers in 10 days
Covid 19 pandemic: Bajaj Finance loses 350,000 customers in 10 days: The unprecedented lockdown due to pandemic has hurt the country’s largest consumer finance company in more than one way. In a more truncated April-June 2020 quarter (anticipated being a 60-day quarter because of the lockdown versus the usual 90 days), these performance parameters could come under severe pressure. The most evident impact will be on its business, which may return to normalcy in September if the lockdown is lifted on April 14.
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