मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Credit costs test Bajaj Finance
Mint New Delhi
|November 12, 2025
Bajaj Finance Ltd stock tanked 7% on Tuesday despite clocking healthy growth in assets under management (AUM) inthe September quarter (Q2FY26). Elevated credit cost hasbeen its Achilles’ heel, making investors edgy. Ona consolidated basis, Bajaj Finance's credit cost rose to 2.05% in Q2FY26 versus 2.02% in QIFY26and 2.04% in HIFY26. This was higher than the guided 1.85-1.95%.
Credit costs stayed higher largely due to stress in micro, small and medium enterprises (11% of AUM) and captivetwo-and three-wheelers (1.5% of AUM).
Overleveraging by borrowers, weak recovery in small business pocketsand rising competition from fintechs hurt the MSME portfolio. However, it expects FY26 credit cost toremain within its guidance range of 185-195 bps on improving asset quality forloans disbursed after February. It seesa material fall in credit cost in FY27.
यह कहानी Mint New Delhi के November 12, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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