LRS 2023-27 Execution Plan

Executive summary - Bajaj Finance Limited BAJAJ FINANCE LIMITED SME Business • Offers unsecured working capital loans to SME and self-employed professionals • Secured offerings include enterprise loans against property • Focused on accelerating used car financing business • Focused on affluent SMEs with established financials & demonstrated borrowing track record • Offers medical equipment financing from 3 Lakh to 6 crore for medical professionals Commercial business ● Treasury Credit Quality • · · · • Offers short, medium and long-term financing to mid market corporates Focused on auto ancillaries, pharma, specialty chemicals, financial institution groups, lease rental discounting and top mid corporate clients in India Strategy is to create a balanced mix of wholesale and retail borrowings with a focus on long term borrowings Strategy is that deposits should contribute 36-37% of standalone and 25% of consolidated borrowings Borrowings stood at 1,48,035 crore with a mix of 48% : 22% : 29% : 1% between money markets, banks, deposits & ECB as of 31 December 2022 GNPA and NNPA as of 31 December 2022 stood at 1.45% and 0.52% respectively Provisioning coverage ratio as of 31 December 2022 was 65% • Provisioning coverage on stage 1 & 2 stood at 132 bps as of 31 December 2022 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 CRISIL AAA/STABLE by CRISIL & [ICRA] AAA (Stable) by ICRA • Long term issuer credit rating of BB+/Positive and short-term rating of B by S&P Global ratings Regulated by • Reserve Bank of India • Securities and Exchange Board of India 37

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