Bajaj Finance has delivered a strong business update for the third quarter, reinforcing its position as one of India’s leading non banking financial companies. Despite a cautious lending environment and macroeconomic uncertainties, the company has continued to grow steadily, supported by rising customer adoption and consistent expansion of its loan book.
At the end of the third quarter, Bajaj Finance’s customer base stood at an impressive 115.4 million. This milestone highlights the company’s ability to consistently attract new customers while retaining existing ones across diverse product categories. Demand for consumer finance, personal loans, and small business credit remained healthy, driven by a wide physical presence and a rapidly expanding digital ecosystem.
Assets under management reached ₹4.86 lakh crore during the quarter, reflecting sustained growth in lending activity. The increase in AUM points to balanced disbursements across consumer, commercial, and SME segments. Bajaj Finance has maintained a disciplined approach to growth, focusing on credit quality and risk management while continuing to scale its operations.
Digital initiatives have remained a key driver of performance. Higher engagement through digital platforms, app based services, and cross selling of financial products has helped the company improve efficiency and deepen relationships with customers. This technology led approach has enabled Bajaj Finance to grow without significantly increasing operating costs, strengthening its competitive edge.
The Q3 update also signals resilience at a time when the financial sector is facing challenges such as interest rate fluctuations and regulatory scrutiny. Bajaj Finance’s ability to post steady growth in customers and assets suggests confidence in its long term business model and execution strategy.
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