Bajaj Finance , one of India's leading non-banking financial companies (NBFCs), has announced significant changes to its deposit rate structure, marking its third reduction since early 2025. Additionally, important dates for the company's bonus issue and stock split have been announced.

Key Changes in Deposit Rates

• Overall Rate Cut: Bajaj Finance has implemented a substantial 60 basis points reduction in deposit rates.
• Senior Citizen Benefits: The special rate for senior citizens has been trimmed from 50 basis points to 35 basis points above the standard rate.
• Discontinued Tenures: The company has discontinued its special 18-month and 33-month deposit tenures.
• Maximum Interest Rate: The highest interest rate now offered by Bajaj Finance stands at 6.95% for deposits with tenures ranging from 24 to 60 months.

Impact on Depositors

These changes are likely to affect both regular depositors and senior citizens who rely on fixed deposits for steady returns. The reduction in deposit rates could potentially lead investors to explore alternative investment options in search of higher yields.

Market Context

The decision by Bajaj Finance to reduce deposit rates comes amidst a changing interest rate environment. This move may reflect broader market trends and the company's strategy to manage its cost of funds.

Investors and depositors are advised to review their investment portfolios in light of these changes and consider consulting with financial advisors to optimize their savings and investment strategies.

Bonus Issue and Stock Split

In a separate development, Bajaj Finance has announced important dates for its upcoming 4:1 bonus issue and 1:2 stock split:

• Last Day to Buy: June 13 is the final day to purchase Bajaj Finance shares to qualify for the bonus issue and stock split.
• Record Date: The record date is set for June 16.
• Eligibility: Due to T+1 settlement, shareholders must hold shares by June 13 to be eligible for the corporate actions.

Investors interested in participating in the bonus issue and stock split should take note of these crucial dates and act accordingly.

Bajaj Finance Ltd , one of India's leading non-banking financial companies, has made significant announcements regarding its corporate actions and financial performance, signaling a robust outlook for the company and its shareholders.

Stock Split and Bonus Issue

Bajaj Finance has set June 16, 2025, as the record date for its much-anticipated 1:2 stock split and 4:1 bonus issue. These corporate actions, which received overwhelming support from shareholders with over 97% votes in favor, are expected to enhance the stock's liquidity and make it more accessible to a broader range of investors.

• Stock Split: The 1:2 stock split will divide each existing share into two shares, effectively halving the face value of each share.
• Bonus Issue: The 4:1 bonus issue will reward shareholders with four additional shares for every one share held.

These moves are likely to be viewed positively by the market, potentially leading to increased trading activity and improved shareholder value.

Q4 Financial Performance

Alongside the corporate action announcements, Bajaj Finance reported its financial results for the fourth quarter, showcasing strong growth and operational efficiency.

Key Highlights:

• Consolidated Profit After Tax: Rs 4,545.57 crore, up 18.85% year-over-year
• Revenue: Rs 18,166.80 crore, a 24.00% increase from the previous year
• Earnings Per Share (EPS): Rs 72.35, up 16.86% year-over-year

Financial Performance Table:

Operational Efficiency

Bajaj Finance demonstrated improved operational efficiency in Q4:

• Operating Profit Margin (OPM): 66.79%, reflecting the company's ability to manage costs effectively despite market challenges.
• Expenses: Rs 6,026.20 crore, a 36.34% increase from the previous year, indicating investments in growth and expansion.

Outlook

The strong financial performance, coupled with the upcoming stock split and bonus issue, positions Bajaj Finance favorably in the market. These strategic moves are likely to enhance shareholder value and attract new investors, potentially driving further growth for the company.

As Bajaj Finance continues to navigate the dynamic financial services landscape, investors and market watchers will be keen to observe how these corporate actions and robust financial results translate into long-term value creation and market performance.