Bajaj Finance and its subsidiary Bajaj Housing Finance have reported strong growth in their second quarter performance, with significant increases across key metrics.

Bajaj Finance Limited Performance

Customer Base and New Loans

Bajaj Finance's customer franchise reached 110.64 million as of September 30, growing from 92.09 million in the previous year, with an addition of 4.13 million customers during the quarter. New loans booked increased 26% to 12.17 million compared to 9.69 million in the same quarter of the previous year.

Assets Under Management and Deposits

Assets under management grew 24% to ₹462,250.00 crore from ₹373,924.00 crore year-over-year, with quarterly growth of ₹20,800.00 crore. The deposits book stood at ₹69,750.00 crore versus ₹66,131.00 crore in the previous year.

Bajaj Housing Finance Performance

Robust Disbursement Growth

Bajaj Housing Finance announced gross disbursements of ₹15,900.00 crore in Q2, marking a substantial 32% increase from ₹12,014.00 crore in the corresponding quarter of the previous year. This growth in disbursements indicates a strong demand for housing finance and the company's ability to capitalize on market opportunities.

Assets Under Management Expansion

Bajaj Housing Finance's assets under management (AUM) grew impressively, showing a 24% year-on-year increase. As of September 30, the AUM stood at ₹126,740.00 crore, up from ₹102,569.00 crore in the previous year. This growth reflects the company's expanding market presence and customer base.

Loan Asset Growth

The company's loan assets also saw significant growth, reaching ₹113,050.00 crore compared to ₹89,878.00 crore a year earlier. This increase in loan assets aligns with the overall growth trend observed in the company's financial metrics.

Asset Quality

Bajaj Housing Finance maintained a robust asset quality profile:

• Gross Non-Performing Assets (NPA) ratio: 0.30%
• Net NPA ratio: 0.13%
• Provision coverage ratio for Stage 3 assets: 56%

These figures indicate the company's effective risk management and strong underwriting practices.

Financial Highlights for Bajaj Housing Finance

Both Bajaj Finance and Bajaj Housing Finance have demonstrated strong performance in Q2, characterized by significant growth across various financial metrics. This robust growth reflects the companies' solid positions in their respective sectors and their ability to capitalize on market opportunities while maintaining asset quality.

Note: The figures reported by Bajaj Finance are provisional and subject to statutory auditor review.

Bajaj Finance , a leading financial services company in India, has successfully raised ₹1,555 crore through the allotment of secured non-convertible debentures (NCDs) via private placement. This strategic move bolsters the company's capital position and supports its ongoing operations.

Key Details of the NCD Issuance

The Debenture Allotment Committee of Bajaj Finance approved the allotment on September 29, 2025. Here are the essential details of the NCD issuance:

Coupon Payment Schedule

The interest on these NCDs will be paid annually, with the first coupon payment scheduled for September 27, 2026. Subsequent payments will follow annually and on the maturity date.

Security and Repayment

To secure the debentures, Bajaj Finance has created a first pari-passu charge on its book debts and loan receivables. The company has committed to maintaining a security cover of not less than 1.00 times the aggregate outstanding value of the debentures issued under this placement.

Implications for Bajaj Finance

This successful fundraising exercise demonstrates Bajaj Finance's strong market position and investor confidence. The additional capital is expected to support the company's lending operations, potentially facilitating business expansion and strengthening its financial position in the competitive Indian financial services sector.

The ability to raise substantial funds through NCDs at a competitive interest rate of 7.37% per annum reflects positively on Bajaj Finance's credit worthiness and market reputation. This capital infusion is likely to provide the company with increased flexibility in managing its assets and liabilities, potentially leading to improved operational efficiency and growth opportunities.

As Bajaj Finance continues to navigate the dynamic financial landscape, this strategic debt issuance underscores its proactive approach to capital management and its commitment to maintaining a robust financial foundation for sustainable growth.