News: As per latest filings, AUM of Bajaj Finance grew 27% YoY and 6% QoQ at Rs 230850 crore. During Q3FY23, AUM grew by ~Rs 12500 crore. Deposits grew 41% YoY to Rs 43000 crore. New loans booked during the quarter witnessed highest growth at 78 lakh vs. 74 lakh in Q3FY22. The customer franchise increased by 31 lakh in Q3FY23 to 6.6 crore vs. 5.5 crore in Q3FY22. BAF’s liquidity position continue to remain strong with net liquidity surplus at Rs 12750 crore
Views: Bajaj Finance witnessed decent growth on business front, though new customer addition remain strong
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