BAJAJ FINANCE ASSET UNDER MANAGEMENT SOARS 31 PERCENT

BAJAJ FINANCE ASSET UNDER MANAGEMENT SOARS 31 PERCENT
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Bajaj Finance’s AUM Jumps 31% in Q1FY25

The non-banking finance company, Bajaj Finance, has recorded assets under management (AUM) at ₹3.54 lakh crore for Q1FY25, marking a 31% growth compared to the same period last year.

The deposits book stood at ₹62,750 crore, showing a 26% increase compared to Q1FY24.

Net liquidity surplus was ₹16,200 crore as of June 2024. New loans booked during Q1FY25 grew by 10% year-on-year, reaching 10.97 million.

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