May, 23 2024 Thursday 01:30 Hrs
  • SENSEX :   74,221.06

  • Commodity broking firm in India267.75( 0.36%) 22-May-2024
Sensex 74221.06 267.75  (0.36) 22-May-2024
Previous Day Close
Today's High/Low
High Low
74307.79 73860.33

Company News Details

Bajaj Finance Ltd
Industry :  Finance & Investments
BSE Code
ISIN Demat
Book Value()
NSE Symbol
Mar.Cap( Cr.)
Face Value()
Div & Yield %

Bajaj Finance Ltd
Bajaj Finance new loans rises 4% YoY in Q4
Apr 05,2024
The new loans booked during the quarter were lower by 0.80 million on account of the restrictions placed by the RBI on the company, on sanction and disbursal of loans under ‘eCOM’ and ‘Insta EMI Card’

Customer franchise as of 31 March 2024 stood at 83.64 million as compared to 69.14 million as of 31 March 2023. In Q4 FY24, the customer franchise increased by 3.23 MM.

Assets under management (AUM) jumped by 34% to approximately Rs 330,400 crore as of 31 March 2024 as compared to Rs 247,379 crore as of 31 March 2023. AUM in Q4 FY24 grew by approximately Rs 19,400 crore.

Consolidated net liquidity surplus stood at approximately Rs 15,700 crore as of 31 March 2024. The company said that its liquidity position remains strong.

The company’s deposits book stood at around Rs 60,100 crore as of 31 March 2024 as compared to Rs 44,666 crore as of 31 March 2023, a YoY growth of 35%.

Bajaj Finance is one of India’s leading and most diversified financial services companies. The company is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence.

The NBFC reported 22.4% increase in consolidated net profit to Rs 3,638.95 crore on a 31.3% jump in total income to Rs 14,165.98 crore in Q3 FY24 as compared with Q3 FY23.

Shares of Bajaj Finance shed 0.77% to Rs 7,226 on the BSE.

Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual )