Bajaj Finance Clocks Up AUM Growth In Q1fy23 With The AUM Crossing 2 Lac Crore | ET Now

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Published on July 6, 2022 4:40:49 AM ● Video Link: https://www.youtube.com/watch?v=_cTJc--1bVU

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NBFC growth juggernaut Bajaj Finance continued to register strong growth. The company, which came out with its Q1FY23 update, disclosed that it has added 27 lac customers in Q1FY23 and 98 lac customers over the last 12 months. The number of loans too has grown YOY and the AUM registered a 31% YOY growth. Liquidity surplus and capital adequacy for the NBFC remain strong while it continues to invest in Bajaj Housing Finance. One would have to wait and watch how the stock will react on the back of this strong operational performance this quarter. Hersh Sayta with the update on this one.
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