Profit impacted by DHFL impairment: S Sreenivasan, Bajaj Finserv
  • WebDesk BTVI
  • Jul 26 2019

S Sreenivasan, CFO of Bajaj Finserv, gives an overview of the company’s performance in Q1FY20 and provisioning exposure level. He says the company has a total exposure of Rs 210 crore from life insurance companies. On DHFL, he says the company is waiting for the final resolution plan before taking a call on signing the inter-creditor agreement. He says new business value grew over 50% in Q1.