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Bajaj Fin slashes FY26 loan growth forecast
Mint Mumbai
|November 11, 2025
Bajaj Finance Ltd has lowered its credit growth guidance for the current financial year to 22-23% on year from its expectation of 24-25% as the non-bank lender grapples with emerging stress in its micro, small and medium enterprises (MSME) portfolio, MD Rajeev Jain said.
The company, known for its aggressive expansion across consumer and commercial lending, said it has adopted a "risk-first" approach to preserve asset quality and longterm sustainability.
The slowdown in MSME and two-wheeler lending has led the company to adopt a more "balanced and prudent stance" on asset growth this year.
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