Bajaj Finance Ltd's AUM stood at approx. Rs. 143,700 crore as of 31 December 2020

Bajaj Finance Ltd has announced business updates on a consolidated basis with respect to the quarter ended on 31 December 2020:

- Customer franchise as of 31 December 2020 stood at 46.3 MM as compared to 40.4 MM as of 31 December 2019. The Company acquired 2.2 MM new customers in Q3 FY21 as compared to 2.5 MM in Q3 FY20.

- New loans booked during Q3 FY21 were 6.0 MM as compared to 7.7 MM in Q3 FY20.

- Assets under management (AUM) stood at approximately ₹ 143,700 crore as of 31 December 2020 as compared to ₹ 145,092 crore as of 31 December 2019. AUM in Q3 FY21 (adjusted for IPO receivable of ₹ 987 crore in Q2 FY21) grew by approximately ₹ 7,700 crore as compared to ₹ 9,559 crore in Q3 FY20.

- Consolidated liquidity surplus stood at approximately ₹ 14,600 crore as of 31 December 2020. The Company's liquidity position remains very strong.

- The Company continues to remain well capitalized with capital adequacy ratio (CRAR) of approximately 28.0% as of 31 December 2020.

- The Company's deposit book stood at approximately ₹ 23,800 crore as of 31 December 2020 as compared to ₹ 20,235 crore as of 31 December 2019.

The above information with reference to 31 December 2020 is provisional and subject to limited review by the statutory auditors of the Company.

Shares of Bajaj Finance Limited was last trading in BSE at Rs.5216.3 as compared to the previous close of Rs. 5280.25. The total number of shares traded during the day was 109473 in over 13207 trades.

The stock hit an intraday high of Rs. 5320.25 and intraday low of 5196. The net turnover during the day was Rs. 574772021.

Source : Equity Bulls

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