Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1092.70
2.70 (0.25%)
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Bajaj Finance's AUM surges to Rs 145,200 crore in Q3 FY20

Date: 06-01-2020

Bajaj Finance has reported rise in assets under management (AUM) at approximately Rs 145,200 crore as of December 31, 2019 as compared to Rs 107,507 crore as of December 31, 2018.

Further, customer franchise as of December 31, 2019 stood at approximately 40.4 MM as compared to 32.6 MM as of December 31, 2018. During the quarter, the company acquired 2.5 MM new customers. New loans booked during Q3 FY20 was 7.7 MM as compared to 6.8 MM in Q3 FY19.

Bajaj Finance, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 19 million customers across the country.