Bajaj Finance's AUM rises 31% in Q1FY25, new loans booking improves by 10%

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Consolidated net liquidity surplus of the firm was nearly Rs 16,200 crore during the period under consideration, it said adding the company’s liquidity position remains strong.

New loans booked during Q1 FY25 improved by 10 per cent to 10.97 million as compared to 9.94 million in the corresponding quarter of FY24.

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Category: BusinessFinance

Markets: India

Topics: RBI restrictions Deposits book Customer franchise Q1 FY25 Liquidity position Year-on-year growth Bajaj Finance AUM New loans

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 21:03:29 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 234 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21472442

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