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Bajaj Finance's AUM stood at Rs 1,43,700 crore & new loans booked during stood at 6.0 MM in Q3 FY21 &

Bajaj Finances AUM stood at Rs 1,43,700 crore & new loans booked during stood at 6.0 MM in Q3 FY21 &
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Bajaj Finance's AUM stood at Rs 1,43,700 crore & new loans booked during stood at 6.0 MM in Q3 FY21 & 

Highlights

Bajaj Finance on Monday, January 4, 2021, released its business performance for the third quarter of the financial year 2020-21 (FY21) ended December 31, 2020.

Bajaj Finance on Monday, January 4, 2021, released its business performance for the third quarter of the financial year 2020-21 (FY21) ended December 31, 2020. In the report it said, on a consolidated basis, its customer franchise as of December 31, 2020, stood at 46.3 MM as compared to 40.4 MM as of December 31, 2019. The Company acquired 2.2 MM new customers in Q3 FY21 as compared to 2.5 MM in Q3 FY20.

It further said, its new loans booked during Q3 FY21 were 6.0 MM as compared to 7.7 MM in Q3 FY20. Assets under management (AUM) stood at approximately Rs 1,43,700 crore as of December 31, 2020, as compared to Rs 145,092 crore reported in the same period of the previous financial year. AUM in Q3 FY21 (adjusted for IPO receivable of Rs 987 crore in Q2 FY21) grew by approximately Rs 7,700 crore as compared to Rs 9,559 crore in Q3 FY20.

Bajaj Finance added, the company's consolidated liquidity surplus stood at approximately Rs 14,600 crore in Q3FY21 and its liquidity position remains very strong. The Company continues to remain well-capitalized with a capital adequacy ratio (CRAR) of approximately 28.0 per cent as of December 31, 2020.

The Company's deposit book stood at approximately Rs 23,800 crore as of December 31, 2020, against Rs 20,235 crore reported on December 31, 2019.

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