Bajaj Finance Sees 28% AUM Growth in Q3, Breaks Records with Highest Quarterly Customer Acquisition
Bajaj Finance, a leading non-banking financial company (NBFC), has announced a remarkable 28% growth in its assets under management (AUM) in the third quarter, alongside achieving a record-breaking quarterly customer addition. The company's deposits book has also witnessed significant expansion, standing at approximately ₹68,800 crore as of December 31, 2024, which marks a 19% increase from ₹58,008 crore as of December 31, 2023. This substantial growth is a testament to the company's effective strategies and customer-centric approach, further solidifying its position in the financial sector. With this impressive performance, Bajaj Finance continues to demonstrate its ability to navigate the competitive landscape and drive business growth, making it an attractive option for investors and customers alike. The NBFC's commitment to innovation and customer satisfaction is expected to continue driving its success in the coming quarters, with key areas such as digital transformation, financial inclusion, and risk management playing a crucial role. Key trends in the financial sector, including the adoption of digital payments and the increasing demand for consumer finance, are also expected to contribute to the company's future growth.
