Published On:July 21 2014
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Bajaj Finance to exit construction equipment finance business.
Bajaj Finance has decided to walk out of the construction equipment (CE) financing business due to muted profitability prospects, a top official has said.
'We have been very cautious about the business for over 18 months. Now, we have decided to exit it fully, looking at it from the profitability perspective,' the Pune- headquartered company's chief executive Rajeev Jain told PTI.
ET