Bajaj Finance sees sharp rise in new loans in June quarter

Bajaj Finance's consolidated liquidity surplus stood astatine astir Rs 10,900 crore. The institution said it remained good capitalised with superior adequacy ratio (CRAR) of 28.6% arsenic of June 2021.

Bajaj Finance connected Tuesday reported a emergence successful caller loans booked during the June 2021 4th to 4.6 cardinal compared to 1.8 cardinal successful Q1FY21. Reporting provisional numbers for the June quarter, the institution said assets nether absorption (AUM) for the June 4th stood astatine Rs 1,59,000 crore compared to Rs 1,38,055 crore arsenic of June 30, 2020.

Bajaj’s lawsuit franchise connected June 30, 2021, stood astatine 50.5 cardinal compared to 43 cardinal arsenic of 30 June 2020. The institution said it had acquired 1.9 cardinal caller customers successful Q1FY22 arsenic compared to 0.5 cardinal successful Q1FY21.

Bajaj Finance’s consolidated liquidity surplus stood astatine astir Rs 10,900 crore. The institution said it remained good capitalised with superior adequacy ratio (CRAR) of 28.6% arsenic of June 2021.

The deposit publication successful Q1FY22 grew by Rs 2,200 crore and it stood astatine Rs 28,000 crore arsenic connected June 30, 2021, compared to Rs 20,061 crore arsenic of June 30, 2020. Post the provisional quarterly report, the Bajaj Finance banal roseate by 2.17% connected the BSE to adjacent astatine Rs 6,203.45.