Executive Summary Q3 FY21

Executive summary - Bajaj Finance Limited SME Business . Offers unsecured working capital loans to SM E and self-employed professionals . • Secured offerings include enterprise loans against property and financing against used car Commercial business Treasury B BAJAJ FINSERV • Focused on affluent SM Es (average sales of 15 to 17 crore) with established financials & demonstrated borrowing track record . Offers short, medium and long-term financing to mid market corporates Offers a range of structured products collateralized 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 97,335 crore with a mix of 44: 26: 24: 6 between money markets, banks, deposits & ECB as of 31 Dec 2020 Credit Quality . Gross and Net NPA as of 31 Dec 2020 stood at 0.68% and 0.24% respectively . Provisioning coverage ratio as of 31 Dec 2020 was 65% • Provisioning coverage on stage 1 & 2 stood at 218 bps as of 31 Dec 2020 versus 451 bps as of 30 Sep 2020. Credit Rating • . Credit rating for long term borrowing is AAA / Stable by CRISIL, ICRA, CARE & India Ratings • Credit rating for short term borrowing is A1+ by CRISIL, ICRA & India Ratings • Credit rating for FD program is FAAA/Stable by CRISIL & MAAA (Stable) by ICRA Long term issuer credit rating of BB+/ Stable and short-term rating of B by S&P Global 22

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