Bajaj Finance Ltd.

Bajaj Finance’s deposits book stood at around Rs 54,800 crore (provisional) as of September 30, 2023 (Q2FY24) as compared to Rs 39,422 crore as of September 30, 2022, a year-on-year (YoY) growth of 39%. Its new loans booked during Q2FY24 grew by 26% to 8.53 million (provisional) as compared to 6.76 million in Q2FY23.

Customer franchise as of September 30, 2023 stood at 76.56 million (provisional) as compared to 62.91 million as of September 30, 2022. In Q2FY24, the customer franchise increased by 3.58 million. Its Assets under management (AUM) grew by 33% to around Rs 290,200 crore (provisional) as of September 30, 2023 as compared to Rs 218,366 crore as of September 30, 2022. AUM in Q2FY24 grew by around Rs 20,100 crore. Consolidated net liquidity surplus stood at around Rs 11,400 crore (provisional) as of September 30, 2023. The Company’s liquidity position remains strong.

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.