Bajaj Finance Ltd AUM increases to Rs. 166,900 crore as of Sep 30, 2021

Bajaj Finance Ltd has provided update on a consolidated basis for quarter ended 30 September 2021:

- Customer franchise as of 30 September 2021 stood at 52.8 MM as compared to 44.1 MM as of 30 September 2020. The Company acquired 2.4 MM new customers in Q2 FY22 as compared to 1.2 MM in Q2 FY21.

- New loans booked during Q2 FY22 were 6.3 MM as compared to 3.6 MM in Q2 FY21.

- Assets under management (AUM) stood at approximately ₹ 166,900 crore as of 30 September 2021 as compared to ₹137,090 crore as of 30 September 2020. AUM in Q2 FY22, adjusted for IPO financing receivable grew by approximately ₹10,600 crore.

- Consolidated liquidity surplus stood at approximately ₹ 16,500 crore as of 30 September 2021. The Company's liquidity position remains strong.

- The Company continues to remain well capitalized with capital adequacy ratio (CRAR) of approximately 27.7% as of 30 September 2021.

- The Company's deposit book stood at approximately ₹ 28,700 crore as of 30 September 2021 as compared to ₹ 21,669 crore as of 30 September 2020. Deposit book in Q2 FY22 grew by approximately ₹750 crore.

The above information with reference to 30 September 2021 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. 7722.9 as compared to the previous close of Rs. 7694.2. The total number of shares traded during the day was 21440 in over 3232 trades.

The stock hit an intraday high of Rs. 7761.8 and intraday low of 7636.1. The net turnover during the day was Rs. 165238540.

Source : Equity Bulls

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