Financial Overview and Strategy

Executive summary - Bajaj Finance Limited Standalone SME Business • Offers unsecured working capital loans to SME & self employed professionals Secured offerings include enterprise loans against property and financing against used car Commercial business • · . • Treasury · Credit Quality Credit Rating B BAJAJ FINSERV Focused on affluent SM Es (average sales of 10-12 crore) with established financials & demonstrated borrowing track record Dedicated SM E relationship management strategy to provide a wide range of cross sell products to SM Efranchise Offers short, medium and long term financing to mid market corporates. Offers a range of structured products collateralised by marketable securities or mortgage Offers financing against shares, mutual funds, insurance policies and deposits Strategy is to create a balanced mix of wholesale and retail borrowings with a focus on long term borrowings • • . Borrowings stood at 86,352 crore with a mix of 34: 51: 15 between banks, money markets and deposits as of 31 Mar 2019 Gross and Net NPA as of 31 Mar 2019 stood at 1.80% and 0.73%, respectively Provisioning coverage ratio of 60% as of 31 Mar 2019 Standard assets provisioning of 97 bps (ECL stage 1 & 2) under Ind AS as against requirement of 40 bps as per RBI Investment grade long term issuer credit rating of BBB-/ Stable & short term rating of A-3 by S&P Global Ratings Credit rating for Long Term Credit rating for Short Term Debt Program is AAA/Stable by CRISIL, ICRA, CARE & India Ratings Debt Program is A1+ by CRISIL, ICRA & India Ratings Credit rating for FD program is FAAA/ Stable by CRISIL & MAAA (Stable) by ICRA 13

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