Bajaj Finance Reports 4% Yearly Drop in Deposits, AUM Surpasses ₹5 Lakh Crore
Bajaj Finance Q4 deposits drop 4% YoY; AUM crosses Rs 5 lakh crore
Business Standard
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Bajaj Finance's deposits fell by 4% year-on-year to ₹68,550 crore as of March 31, 2026, while assets under management (AUM) surged by 22% to cross ₹5 lakh crore. Despite a strong increase in new loans and customer base, the company reported a 6% decline in net profit.
- 01Deposits decreased by 4% year-on-year to ₹68,550 crore.
- 02Assets under management grew by 22% to approximately ₹510,000 crore.
- 03New loans booked rose by 20.5% to 12.89 million in Q4 FY26.
- 04Customer franchise increased to 119.33 million, up from 101.82 million.
- 05Consolidated net profit declined by 6% to ₹3,977.85 crore.
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Bajaj Finance, one of India's leading financial services companies, reported a 4% year-on-year decline in its deposits, which stood at ₹68,550 crore as of March 31, 2026, down from ₹71,403 crore a year earlier. Despite this drop, the company's assets under management (AUM) soared by 22%, surpassing the ₹5 lakh crore mark to reach approximately ₹510,000 crore. The growth in AUM was driven by a 20.5% increase in new loans booked, totaling 12.89 million in the fourth quarter of FY26, compared to 10.70 million in the same period last year. The customer base also expanded significantly, with the franchise increasing to 119.33 million from 101.82 million. However, the company faced challenges as its consolidated net profit fell by 6% to ₹3,977.85 crore, despite a 17.63% rise in total revenue from operations, which reached ₹21,213.89 crore in Q3 FY26 compared to Q3 FY25. On April 3, 2026, Bajaj Finance's stock price rose by 1.13%, closing at ₹826.40.
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The decline in deposits may affect the company's liquidity, potentially impacting its ability to offer competitive loan products. However, the growth in AUM and customer base suggests a strong market position.
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