In September 2024, when Bajaj Housing Finance (BHFL) was listed, it was the most richly valued housing finance company (HFC) with a listing price of nearly 10 times its book value. At that valuation, BHFL’s market value hit a staggering Rs 1.5 lakh crore. That meant its market cap was equal to that of the
Here’s a quick look at stocks likely to be in focus in today’s trade. Bajaj Finance reported a strong performance for the fourth quarter of FY25, with its assets under management (AUM) rising 26 percent year-on-year to ₹4.17 lakh crore as of March 31, 2025. The company added approximately ₹18,700 crore to its AUM during
Bajaj Finance reported a robust performance in Q4 FY25, with its assets under management (AUM) rising 26% year-on-year to ₹4.17 lakh crore as of 31 March 2025. The company added approximately ₹18,700 crore to its AUM during the quarter, reflecting steady demand for its financial products. The non-bank lender’s customer franchise expanded to 101.82 million,
The Reserve Bank of India (RBI) has sent a letter of displeasure to Bajaj Finance regarding its co-branded credit card operations, confirmed a report by CNBC TV18. The RBI communication, citing its earlier letter dated Jan 31 and the company’s response on Feb 22, said that the company has failed to proactively identify operational gaps
Bajaj Finance Ltd., one of India’s leading non-bank lenders, has received a “letter of displeasure” from the Reserve Bank of India with regards to its co-branded credit cards, sources with knowledge of the matter told CNBC-TV18 on Thursday, April 3. The RBI letter states that Bajaj Finance has not proactively identified gaps and vulnerabilities and
With a 32% surge in just three months, Bajaj Finance registered the highest market capitalisation gain in India’s equity market. During the first quarter of 2025, the NBFC’s market valuation swelled by a whopping ₹1.3 lakh crore to reach ₹5.6 lakh crore. Stocks like Reliance Industries (RIL) and Bharti Airtel also recorded strong gains, each