Bajaj AUM Grows 31% YoY In Sept Qtr

An increase in company’s deposit book is also witnessed at approximately Rs 39,400 crore at 30 September 2022 end.

Bajaj Finance’s (PFL) assets under management (AUM) saw growth by 31 per cent year-on-year (YoY) to approximately Rs 218,350 crore at September end 2022 (Q2FY23) on consolidated basis. It stood at Rs. 166,937 crore on 30 September 2021. AUM grew by approximately Rs. 14,350 crore in Q2FY23.

Despite new loans booked during Q2 FY23, company’s customer franchise stood at 62.9 MM at 30 September 2022 end. Comparatively it remained at 52.8 MM on 30 September 2021. The increase recorded in Q2 FY23, is 2.6 MM and loans booked were 6.8 MM as compared to 6.3 MM in Q2 FY22.

“The Company’s liquidity position remains strong,” said the company during corporate filing. Its consolidated net liquidity surplus stood at approximately Rs. 9,300 crore at 30 September 2022 end.

However, the company continued to remain well capitalized with capital adequacy ratio (CRAR) of approximately 25.1 per cent at 30 September 2022.

An increase in company’s deposit book is also witnessed at approximately Rs 39,400 crore at 30 September 2022 end. Previous year’s data shows it stood at Rs. 28,720 crore on 30 September 2021. It showed a 37 per cent YoY growth.

“The information made available is provisional and subject to review by the statutory auditors of the Company,” said further in the statement during corporate filing.