LRS 2023-27 Execution Plan
Executive summary – BFSL
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Overview
HNI Broking
Retail Broking
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A 100% subsidiary of Bajaj Finance Limited
BAJAJ FINANCE LIMITED
Offers Capital Market products - Broking, Depositary services, Margin Trade Financing, Mutual Funds, IPOs and Distribution
of PMS
Broking business caters to two different business segments - HNI and Retail
Total Income stands at 61 crore Q3 FY23 and 146 crore for 9M FY23
Delivered PAT of 3 crore for Q3 FY23 and 5.5 crore for 9M FY23
Started ranking in Top 30 Brokers list as per NSE Active client list
• Business oriented towards delivering relationship-based Broking solutions to UHNI & HNI client segment
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Focus on building Margin Trade Financing book, total loan book as of Q3 FY23 stands at ₹ 1,006 crore
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Physical branch network across has been expanded to 24 locations. Opened 6 new Branches during Q3 FY23
Working on Geo-Expansion of our Branch network and planning to reach to 30+ Branches by the end of FY23
Added 5.8K UHNI/HNI clients in Q3. Total client base stood at 17.3K+ as of 31 December 2022
Added -71.3K+ trading and demat accounts in Q3 FY23. Total retail client base stood at 506.0K as of 31 December 2022
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Crossed 1,100+ network of partners and affiliates online accounts
Working with 230+ Independent Business Advisor (IBAS)
Margin Trade Financing book as of Q3 FY23 stands at 74 crore
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Focused on driving client activation of BFSL Platform, monthly activation rate stands at 25%
• Issuer rating of AAA from CRISIL
Credit Rating
Regulated by
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Securities and Exchange Board of India
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