Bajaj Finance loan books soar in Q1, Jefferies recommends ‘Buy’
Bajaj Finance reports strong growth in loans and deposits in Q1FY26, with a 23% increase in loans and 15% rise in deposits compared to Q1FY25. The company's customer franchise also grew by 4.69 million, reaching 106.51 million. Jefferies' report highlights a 25% growth in AUM, reaching Rs 441,400 crore by June 30, 2025, aided by cross-selling and easing fund costs