Housing Finance Earnings Spark Luxury vs Affordable Divide as India's Property Market Bifurcates

Bajaj Housing Finance crushed its Q1 earnings, posting a 22.6% jump in net profit to ₹715 crore — the clearest signal yet that India's home loan demand engine is firing on all cylinders. Assets under management surged 24% year-on-year to ₹1.5 lakh crore, while net interest income climbed 9% to ₹968 crore. Most strikingly, gross non-performing assets sat at a razor-thin 0.29%, down from 0.30% a year ago, with provisions slashed to just ₹16 crore from ₹38 crore....