2025-03-11 23:38:05
Latest Post
Crizac Limited gets Sebi Nod for Rs 1,000 cr IPO
REC Limited inaugurates REC Experience Center
Hexaware Inaugurates Global Business Headquarters in Jersey City
HCLTech among Ethisphere's 2025 World's Most Ethical Companies®
Ind-Swift Laboratories Ltd receives 'Best Employer Brand - Punjab 2025' by World HRD Congress
Stock Report
Bajaj Finance Ltd AUM increases to Rs. 181,300 crore as of Dec 31, 2021
Posted On : 2022-01-05 07:06:15( TIMEZONE : IST )
Bajaj Finance Ltd has announced business update on a consolidated basis with respect to the quarter ended 31 December 2021:
- Customer franchise as of 31 December 2021 stood at 55.4 MM as compared to 46.3 MM as of 31 December 2020. The Company's customer franchise increased by 2.6 MM in Q3 FY22 as compared to 2.2 MM in Q3 FY21.
- New loans booked during Q3 FY22 were 7.4 MM as compared to 6.0 MM in Q3 FY21.
- Assets under management (AUM) stood at approximately ₹181,300 crore as of 31December 2021 as compared to ₹143,550 crore as of 31 December 2020. AUM in Q3 FY22, adjusted for IPO financing receivable grew by approximately ₹14,500 crore.
- Consolidated liquidity surplus stood at approximately ₹ 14,300 crore as of 31 December 2021. The Company's liquidity position remains strong.
- The Company continues to remain well capitalized with capital adequacy ratio (CRAR) of approximately 27.0% as of 31 December 2021.
- The Company's deposit book stood at approximately ₹ 30,000 crore as of 31 December 2021 as compared to ₹ 23,777 crore as of 31 December 2020. Deposit book in Q3 FY22 grew by approximately ₹1,250 crore.
- The Company has not witnessed any adverse impact on its NPA position due to transition to new method of NPA recognition as clarified by the RBI vide circular dated 12 November 2021 - "Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances - Clarifications".
The above information with reference to 31 December 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. 7342.75 as compared to the previous close of Rs. 7222.30. The total number of shares traded during the day was 71692 in over 11397 trades.
The stock hit an intraday high of Rs. 7372.00 and intraday low of 7230.00. The net turnover during the day was Rs. 523013703.00.
