Bajaj Finance Q1 AUM Jumps 24% to Rs 5.46 Lakh Crore, New Loans Up 20%

Bajaj Finance's Q1 FY27 update shows assets under management up 24% YoY to Rs 5.46 lakh crore, with Rs 36,900 crore added in the quarter. New loans booked rose 20% to 16.13 million and the customer base expanded to 124.43 million, signaling resilient consumer credit demand for retail financing.

— Source publishedThu, 2 Jul, 2026, 21:40 IST·First seen Thu, 2 Jul, 2026, 22:26 IST·Source NDTV Profit

What happened

Bajaj Finance's Q1 FY27 update shows AUM up 24% YoY to Rs 5.46 lakh crore, new loans up 20%, and customer base expanding to 124.43 million, signaling resilient

Key facts

  • AUM Rs 5.46 lakh crore
  • AUM up 24% YoY
  • Rs 36,900 crore added in Q1
  • 124.43 million customers
  • 5.10 million new customers
  • new loans 16.13 million, up 20%
  • deposit book Rs 68,500 crore

Why this matters

Bajaj Finance's expanding retail-financing footprint strengthens its position for partnership, distribution, and cross-sell deals across the consumer credit ecosystem.

What to watch

  • GNPA/NNPA and credit cost prints in detailed earnings
  • RBI policy on rates and unsecured lending norms
  • Net interest margin direction quarter-over-quarter
  • Customer acquisition cost vs cross-sell monetization
  • Peer NBFC AUM updates confirming sector-wide demand
  • Watch full Q1 FY27 results for NIM, credit cost, and Stage-2/3 asset trends
  • Analyst target revisions and guidance reaffirmation post management commentary
  • Positioning shift in NBFC basket vs private banks on rate-cut expectations
  • Deposit and borrowing cost trajectory as funding mix influences spreads