Moody's Ratings stated that BFL's ratings consider its strong and entrenched franchise as the largest retail oriented non-bank finance company (NBFC) in India with a sizable customer base and distribution network; its diversified loan book, which supports its high risk-adjusted profitability; its capitalization; and its competitive funding costs. These strengths are counterbalanced by the company's focus on riskier unsecured consumer and small business loans, which are susceptible to higher credit costs during economic duress, and its reliance on wholesale funding. BFL will likely continue gaining market share and further augmenting its already sizable franchise with consolidated assets under management of INR3.5 trillion (US$42 billion) as of June 2024. Moody's expects the company to maintain its two-pronged strategy of having a mix of secured lending and unsecured lending. BFL's strong loan diversification gives it flexibility to calibrate loan growth depending on the prevailing asset quality trends in the respective segments. The diversification also helps in asset-liability management via a judicious mix of short- and long-term loan assets. Apart from product diversification, the company has substantial geographical and customer diversification. Although BFL's sizable unsecured lending exposes it to economic shocks, the company has employed various risk management processes to ensure adequate risk-adjusted returns. BFL's secured loans have experienced low charge-offs over the years. Like its industry peers, BFL relies on wholesale sources for its funding needs to a large extent. As of June 2024, its funding mix comprised domestic bonds (35%), bank loans (28%), term deposits (21%) and others. The company's cost of funds is among the lowest compared with all privately owned Indian NBFCs. BFL's funding and liquidity access also benefit from the company being a part of the large and well-known Bajaj Group. Bajaj Finance is one of India's leading and most diversified financial services companies. The company is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME and commercial customers with a significant presence. The non-banking financial company (NBFC) reported 13.82% increase in consolidated net profit to Rs 3,911.98 crore on a 24% jump in total income to Rs 10,418 crore in Q1 FY25 as compared with Q1 FY24. The scrip shed 0.03% to currently trade at Rs 6902 on the BSE. Powered by Capital Market - Live

Among the components of the BSE Auto index, Bajaj Auto Ltd (down 11.69%), Bosch Ltd (down 3.8%),Hero MotoCorp Ltd (down 3.29%),Mahindra & Mahindra Ltd (down 3.04%),Exide Industries Ltd (down 2.87%), were the top losers. Among the other losers were TVS Motor Company Ltd (down 2.41%), Sundram Fasteners Ltd (down 2.25%), Ashok Leyland Ltd (down 2.18%), Cummins India Ltd (down 2.13%), and Apollo Tyres Ltd (down 2.08%).At 13:47 IST, the BSE SmallCap was down 596.5 or 1.04% at 56806.57.The BSE 150 MidCap Index index was down 220.58 points or 1.32% at 16532.95.The Nifty 50 index was down 198.05 points or 0.79% at 24773.25.The BSE Sensex index was down 488.92 points or 0.6% at 81012.44.On BSE,1259 shares were trading in green, 2622 were trading in red and 130 were unchanged.Powered by Capital Market - Live

Among the components of the BSE Realty index, Oberoi Realty Ltd (down 6.23%), Macrotech Developers Ltd (down 3.75%),Prestige Estates Projects Ltd (down 3.62%),Godrej Properties Ltd (down 3.44%),Phoenix Mills Ltd (down 3.02%), were the top losers. Among the other losers were DLF Ltd (down 2.76%), Brigade Enterprises Ltd (down 2.58%), Sobha Ltd (down 2.44%), Sunteck Realty Ltd (down 1.89%), and Mahindra Lifespace Developers Ltd (down 1.75%).At 13:47 IST, the BSE SmallCap was down 596.5 or 1.04% at 56806.57.The BSE 150 MidCap Index index was down 220.58 points or 1.32% at 16532.95.The Nifty 50 index was down 198.05 points or 0.79% at 24773.25.The BSE Sensex index was down 488.92 points or 0.6% at 81012.44.On BSE,1259 shares were trading in green, 2622 were trading in red and 130 were unchanged.Powered by Capital Market - Live

Among the components of the BSE Consumer Discretionary index, Bajaj Auto Ltd (down 11.69%), Oberoi Realty Ltd (down 6.23%),Indo Rama Synthetics (India) Ltd (down 5.23%),V2 Retail Ltd (down 4.42%),Divgi Torqtransfer Systems Ltd (down 4.21%), were the top losers. Among the other losers were HLV Ltd (down 4.2%), Sandhar Technologies Limited (down 3.93%), Kitex Garments Ltd (down 3.9%), Jamna Auto Industries Ltd (down 3.88%), and Bosch Ltd (down 3.8%). On the other hand, Kolte Patil Developers Ltd (up 8.85%), Peninsula Land Ltd (up 5.59%), and Hardwyn India Ltd (up 5.39%) moved up.At 13:47 IST, the BSE SmallCap was down 596.5 or 1.04% at 56806.57.The BSE 150 MidCap Index index was down 220.58 points or 1.32% at 16532.95.The Nifty 50 index was down 198.05 points or 0.79% at 24773.25.The BSE Sensex index was down 488.92 points or 0.6% at 81012.44.On BSE,1259 shares were trading in green, 2622 were trading in red and 130 were unchanged.Powered by Capital Market - Live

Bajaj Finance has allotted 50,000 NCDs of face value of Rs 1 lakh each, aggregating to Rs 500 crore on private placement basis on 09 October 2024. Powered by Capital Market - Live

Bajaj Finance will hold a meeting of the Board of Directors of the Company on 22 October 2024Powered by Capital Market - Live

Bajaj Finance has allotted 50,000 NCDs of face value of Rs 1,00,000 each aggregating to Rs 500 crore on private placement basis on 04 October 2024. Powered by Capital Market - Live

Bajaj Finance has allotted 3,09,700 NCDs, at face value of Rs. 1 lakh each, aggregating to Rs 3,181.54 crore on private placement basis on 20 September 2024. Powered by Capital Market - Live

Bajaj Housing Finance, pursuant to its IPO, has on 12 September 2024: ' Allotted 50,85,71,428 equity shares of Rs. 10 each to successful Bidders, which were issued for subscription pursuant to the Fresh Issue; and ' Approved the transfer of 42,85,71,428 equity shares of Rs. 10 each to successful Bidders, which were offered for sale by the Company. As a result of the above, the Bajaj Finance's shareholding in Bajaj Housing Finance stands reduced from 100% to 88.75% (i.e., from 781,95,75,273 to 739,10,03,845 equity shares), of the issued and paid-up equity share capital of Bajaj Housing Finance. Consequent to the above, BHFL ceases to be a wholly-owned subsidiary of the Company. However, it continues to remain a subsidiary of the Company.Powered by Capital Market - Live

Bajaj Finance Ltd rose for a fifth straight session today. The stock is quoting at Rs 7165.5, up 1.44% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 25240.45. The Sensex is at 82401.53, up 0.32%. Bajaj Finance Ltd has added around 5.27% in last one month. Meanwhile, Nifty Financial Services index of which Bajaj Finance Ltd is a constituent, has added around 1.12% in last one month and is currently quoting at 23581.7, up 0.4% on the day. The volume in the stock stood at 7.4 lakh shares today, compared to the daily average of 9.14 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 7220, up 1.48% on the day. Bajaj Finance Ltd is up 0.03% in last one year as compared to a 31.09% jump in NIFTY and a 20.8% jump in the Nifty Financial Services index.The PE of the stock is 33.41 based on TTM earnings ending June 24.Powered by Capital Market - Live