Bajaj Finance's FD book grows 21% to Rs 66,131 cr as on September end

Quick Summary:

Bajaj Finance Ltd (BFL), part of Bajaj Finserv Ltd, has reported a growth of 21 per cent in its Fixed Deposit (FD) book to Rs 66,131 crore as on September 30, 2024, a senior company official has said.

Bajaj Finserv is founded on the business philosophy of the Bajaj Group, which has encouraged people across demographics to choose its FDs," Sachin Sikka, Executive Vice President Deposits, Investments, Rewards and EMI Cards, Bajaj Finance, said.

The company's total customer franchise stood at 92.09 million as of September 30, 2024 and net users on its App platform stood at 61.67 million.

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Category: BusinessFinance

Markets: India

Topics: 131 cr as on Sept-end Bajaj Finance FD book rises 21 pc to Rs 66

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 17:33:37 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 369 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 23657450

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