Bajaj Finance books 7.4 million loans in Q1
Bajaj Finance Limited (BFL), a subsidiary of Bajaj Finserv Limited, recorded the highest-ever quarterly increase in its customer franchise at 2.7 million during Q1 of the current financial year.
Bajaj Finance Limited as of 30th June, 2022 stood at 60.3 million compared to 50.5 million a year ago. New loans booked by the company during Q1FY23 were 7.4 million compared to 4.6 million in Q1FY22. Also, Asset Under Management (AUM) grew 31% year-on-year to Rs. 2,04,000 crore.
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