Bajaj Finance new loans in Q4FY22 grows to 6.3 million

5 Apr 2022 , 01:42 PM

Bajaj Finance Limited informed the exchanges Monday that the Customer franchise as of March 31, 2022 stood at 57.6 million compared to 48.6 MM as of March 31, 2021. The Company's customer franchise increased by 2.2 million in Q4 FY22. Customer franchise recorded a highest ever increase of 9.0 million in FY22, company said.

New loans booked during Q4FY22 were 6.3 million as compared to 5.5 million in Q4FY21. New loans booked during FY22 were 24.7 MM as compared to 16.9 MM in FY21.

Assets under management (AUM) stood at approximately Rs197,500 crore as of March 31, 2022 as compared to Rs152,947 crore as of March 31, 2021. Core AUM i.e. net of short-term IPO financing receivable of approximately Rs5,400 crore as of March 31, 2022 was Rs192,100 crore, a yoy growth of 26%. Core AUM addition in Q4 FY22 was approximately Rs10,900 crore.

The consolidated liquidity surplus stood at approximately Rs10,000 crore as of March 31, 2022. The Company's liquidity position remains strong. The Company continues to remain well capitalized with capital adequacy ratio (CRAR) of approximately 27.2% as of March 31, 2022.  The Company's deposit book stood at approximately Rs30,800 crore as of March 31, 2022 as compared to Rs25,803 crore as of March 31, 2021.

At around 1.20 pm, Bajaj Finance Ltd was trading at Rs7,440.60 apiece down by Rs48.05 or 0.64% from its previous closing of Rs7,488.65 apiece on the BSE.