10-07-2021 03:43 PM | Source: Accord Fintech
Bajaj Finance gains as its deposit book stands at Rs 28,700 crore in Q2FY22
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Bajaj Finance is currently trading at Rs. 7755.40, up by 18.75 points or 0.24% from its previous closing of Rs. 7736.65 on the BSE.

The scrip opened at Rs. 7812.00 and has touched a high and low of Rs. 7882.95 and Rs. 7743.65 respectively. So far 72675 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8000.00 on 23-Sep-2021 and a 52 week low of Rs. 3101.60 on 21-Oct-2020.

Last one week high and low of the scrip stood at Rs. 7880.00 and Rs. 7479.00 respectively. The current market cap of the company is Rs. 469620.54 crore.

The promoters holding in the company stood at 56.03%, while Institutions and Non-Institutions held 33.36% and 10.61% respectively.

Bajaj Finance’s deposit book stood at around Rs 28,700 crore as of September 30, 2021 (Q2FY22) as compared to Rs 21,669 crore as of September 30, 2020. Deposit book in Q2 FY22 grew by nearly Rs 750 crore. New loans booked during Q2 FY22 were 6.3 MM as compared to 3.6 MM in Q2 FY21. Customer franchise as of September 30, 2021 stood at 52.8 MM as compared to 44.1 MM as of September 30, 2020. The Company acquired 2.4 MM new customers in Q2 FY22 as compared to 1.2 MM in Q2 FY21.

Assets under management (AUM) stood at around Rs 166,900 crore as of September 30, 2021 as compared to Rs 137,090 crore as of September 30, 2020. AUM in Q2 FY22, adjusted for IPO financing receivable grew by nearly Rs 10,600 crore. Consolidated liquidity surplus stood at around Rs 16,500 crore as of September 30, 2021. The Company’s liquidity position remains strong. The Company continues to remain well capitalized with capital adequacy ratio (CRAR) of around 27.7% as of September 30, 2021.

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.