Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1097.30
7.30 (0.67%)
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Bajaj Finance reports 37% growth in deposit book in Q2FY23

Date: 06-10-2022

Bajaj Finance’s deposit book stood at around Rs 39,400 crore as of September 30 2022 (Q2FY23) as compared to Rs 28,720 crore as of September 30, 2021, a Year on Year (YoY) growth of 37%. The company’s new loans booked during Q2FY23 were 6.8 MM as compared to 6.3 MM in Q2FY22. Customer franchise as of September 30, 2022 stood at 62.9 MM as compared to 52.8 MM as of September 30, 2021. In Q2FY23, the customer franchise increased by 2.6 MM.

Assets under management (AUM) grew by 31% to around Rs 218,350 crore as of September 30, 2022 as compared to Rs 166,937 crore as of September 30, 2021. AUM in Q2FY23 grew by around Rs 14,350 crore.

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.