Financial Overview and Strategy
Executive summary - Bajaj Housing Finance Limited
BAJAJ
B
FINSERV
Developer
Finance
•
Offers construction finance and inventory finance mainly to category A and A+ developers in India
• Average ticket size ranges between 15 - 35 crore
.
Currently present in 8 locations (Mumbai, Bangalore, Pune, Ahmedabad, Chennai, Kolkata, Hyderabad, Surat)
Credit Quality
Gross and Net NPA as of 31 Mar 2019 stood at 0.05% and 0.04%, respectively
Treasury
Strategy is to create a balanced and sustained mix of borrowings
Borrowings stood at 15,236 crore with a mix of 50 50 between banks and money markets as of 31 Mar 2019
Credit Rating
.
Credit rating for Long Term Debt Program is AAA/Stable by CRISIL & Ind AAA/ Stable by India Ratings
•
Credit rating for Short Term Debt Program is A1+ by CRISIL & Ind A1+ by India Rating
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