Bajaj Finance Ltd.

Bajaj Finance’s deposits book stood at around Rs 44,650 crore as of March 31, 2023 (Q4FY23) as compared to Rs 30,800 crore as of March 31, 2022, a Year on Year (YoY) growth of 45%. The company’s new loans booked during Q4FY23 grew by 20% to 7.6 million as compared to 6.3 million in Q4FY22. The Company booked highest ever new loans of 29.6 million in FY23.

Its core AUM grew by 29% to around Rs 247,350 crore as of March 31, 2023 as compared to Rs 192,087 crore (AUM excluding short term IPO financing receivable of Rs 5,365 crore) as of March 31, 2022. AUM in Q4FY23 grew by around Rs 16,500 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.