Bajaj Finance can maintain a return on equity (RoE) of 18-20%, said Sanjiv Bajaj, Managing Director, Bajaj Finserv, and added that company saw a very strong quarter.

"Our model allows us 18-20% RoE with the kind of growth. If you see our provisioning numbers also, our net loss is less than 40 bps. All this is adding the quarter and the year and boosting up the RoE to where it is right now. But 20% RoE is something that is eminently sustainable," he said.

Bajaj Finance is a subsidiary of Bajaj Finserv, the Bajaj group's holding company for financial services business. Both Bajaj Finserv and Bajaj Finance have market capitalisation over Rs 1 lakh crore.

Talking about Bajaj Finserv, he said, “On the life insurance business, we now have our agency channel firing on all fronts and we have made some significant changes on the bank and institutional channel as well.”

“We have got some strong relationships last year like Bandhan Bank. We have recently got Indian Post, which will take few months for the business to activate. But we have got some strong ones like Ujjivan Financial Services, which we signed up a year and a half back. So on the back of this now, we have to make business grow outside of agency as well,” he added.