Investor Presentaiton
Executive summary - Bajaj Housing Finance
Lease Rental
Discounting
BAJAJ FINANCE LIMITED
Offers LRD to high net-worth individuals and developers against commercial property leased to corporate lessees
Offers construction finance for commercial properties to existing LRD customers
LRD transactions are backed by rentals through escrow mechanism
•
Offers LRD from 10 crore to 550 crore
•
Present in 14 locations as of 31 December 2023.
•
Offers construction finance and inventory finance mainly to category A and A+ developers in India
Developer
Financing
•
Offers developer financing from 5 crore to ₹ 500 crore
Credit Quality
●
Treasury
·
Present in 13 locations as of 31 December 2023.
GNPA and NNPA as of 31 December 2023 stood at 0.25% and 0.10% respectively
•
Strategy is to create a balanced and sustained mix of borrowings
Borrowings stood at 63,708 crore with a mix of 53% : 8% : 39% between banks, NHB and money markets as of 31
December 2023
Credit rating for long term borrowing is AAA/Stable by CRISIL & IND AAA/Stable by India Ratings
Credit Rating
•
Credit rating for short term borrowing is A1+ by CRISIL & IND A1+ by India Ratings
•
Reserve Bank of India
Regulated by
·
Supervised by National Housing Bank
•
Securities and Exchange Board of India
29View entire presentation