Bajaj Finance climbs after customer franchise jumps 16% YoY in Q2 FY27
Mumbai, Oct. 5 -- New loans booked rose 11% YoY to 13.45 million in Q2 FY27, compared with 12.17 million in Q2 FY26. The company noted that the year-on-year volume comparison is not directly comparable because of the early onset of the festival season in the corresponding quarter last year.
Assets under management (AUM) increased 26.5% YoY to approximately Rs 5,84,750 crore as of 30 September 2026, from Rs 4,62,261 crore a year earlier. In absolute terms, AUM expanded by approximately Rs 1,22,489 crore over the year.
The company's deposits book stood at approximately Rs 69,750 crore as of 30 September 2026.
Meanwhile, the NBFC's board approved a proposal to raise up to Rs 11,700 crore through a qualified institutions placement (QIP) by...
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