Bajaj Finance Q3 update: New loans jump 22%YoY to 12.06 million, AUM surges 28%
Bajaj Finance, a leading NBFC in India, reported strong growth in its October-December quarter business update for FY25. Its assets under management (AUM) increased by 28% YoY to Rs 3.98 lakh crore, with a growth of Rs 24,100 crore during Q3. The company’s deposit book grew by 19% to Rs 68,800 crore. Bajaj Finance also set a new record by booking 12.06 million new loans in Q3, a 22% rise from the previous year. Its customer base expanded to 97.12 million, up from 80.41 million, marking the largest quarterly increase in its history.
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