Bajaj Finance is positioned to achieve a major milestone in the current financial year, with the company guiding that its assets under management (AUM) will surpass \u20b95 lakh crore in FY26. Such a landmark would further cement its position as one of India\u2019s most influential non-bank financial institutions (NBFCs). While still smaller than the country\u2019s largest private banks, the company\u2019s rapid AUM expansion has brought it closer to India\u2019s mid-sized private lenders.<\/p>\n
As of September 30, 2025, Bajaj Finance\u2019s AUM stands at \u20b94.62 lakh crore. Though the number trails the total asset base of India\u2019s top private banks, the comparison shows the dramatic progress the NBFC has made over the years.<\/p>\n
Within the private banking sector, the asset ranking remains dominated by the largest lenders:<\/p>\n
HDFC Bank: \u20b940.03 lakh crore total assets (as of September 30, 2025)<\/p>\n<\/li>\n
ICICI Bank: \u20b921.36 lakh crore<\/p>\n<\/li>\n
Axis Bank: \u20b916.77 lakh crore<\/p>\n<\/li>\n<\/ul>\n
These banks continue to operate in a significantly larger zone compared to NBFCs. However, the interesting shift is visible when Bajaj Finance\u2019s AUM is compared with mid-tier private banks.<\/p>\n
Bajaj Finance\u2019s current AUM is now broadly in the same range as:<\/p>\n
Kotak Mahindra Bank: \u20b97.07 lakh crore<\/p>\n<\/li>\n
IndusInd Bank: \u20b95.27 lakh crore<\/p>\n<\/li>\n<\/ul>\n
It has already overtaken some well-known peers:<\/p>\n
Yes Bank: \u20b94.29 lakh crore<\/p>\n<\/li>\n
IDBI Bank: \u20b94.16 lakh crore<\/p>\n<\/li>\n<\/ul>\n
If Bajaj Finance crosses the \u20b95 lakh crore mark in FY26, it would place the NBFC firmly alongside India\u2019s mid-tier private banks in terms of balance-sheet strength. This would significantly reinforce its status as one of the country\u2019s largest and most influential financial institutions outside the traditional banking system.<\/p>\n
Also Read<\/strong>: PM Modi Breaks Silence on IndiGo Crisis, Says Rules Must Not \u201cHarass Citizens\u201d<\/a><\/em><\/p>\n The company is also pushing aggressively toward artificial intelligence and automation. According to its latest investor day presentation, Bajaj Finance plans to disburse \u20b93,500 crore worth of loans through voice bots in the current financial year.<\/p>\n This AI-led digitisation strategy is already underway:<\/p>\n Nine Chatbot services are currently live<\/p>\n<\/li>\n By the end of the fiscal year, AI agents are expected to take over completely as part of the company\u2019s long-term strategy for 2026\u20132030<\/p>\n<\/li>\n<\/ul>\n The company expects this technological transformation to drive:<\/p>\n 16\u201318 crore application installations<\/p>\n<\/li>\n 3.5\u20134.5 billion website visitors<\/p>\n<\/li>\n 30% digital contribution to business<\/p>\n<\/li>\n 31% operating expenses to net interest margins<\/p>\n<\/li>\n Up to 90% reduction in workload<\/p>\n<\/li>\n<\/ul>\n This aggressive technology adoption indicates Bajaj Finance\u2019s ambition to scale operations faster, reduce cost pressures, and significantly improve customer reach and service efficiency.<\/p>\n Parent company Bajaj Finserv (BFS) has outlined an extensive long-term roadmap for the group across FY26\u2013FY30. As part of its long-range plan, BFS is targeting a consolidated profit after tax (PAT) of \u20b921,000\u2013\u20b924,000 crore by FY30.<\/p>\n This projection implies:<\/p>\n 18%\u201322% compound annual growth rate (CAGR) over the next several years<\/p>\n<\/li>\n A significant expansion compared to current levels<\/p>\n<\/li>\n<\/ul>\n These targets were presented by Sanjiv Bajaj, Chairman and Managing Director of Bajaj Finserv, at the company\u2019s \u201cInvestor Day 2025\u201d conference.<\/p>\n Along with the profit goals, BFS also expects consolidated assets to grow substantially:<\/p>\n FY2025 consolidated assets: \u20b91.30 lakh crore<\/p>\n<\/li>\n Expected FY2030 consolidated assets: \u20b93.1\u2013\u20b93.4 lakh crore<\/p>\n<\/li>\n<\/ul>\n This implies a near 2.5x expansion in the group\u2019s asset base within five years.<\/p>\n Bajaj Finserv also aims to significantly expand its customer footprint. The target is to scale:<\/p>\n Over 220 million active customers by FY30<\/p>\n<\/li>\n Up from 100+ million currently<\/p>\n<\/li>\n<\/ul>\n This rapid expansion in customer reach aligns with the company\u2019s strategy to strengthen its presence across lending, insurance, wealth management, and other financial service verticals.<\/p>\n According to the presentation, the vision for Bajaj Finserv goes far beyond merely scaling assets and profits. The company aims to evolve from a collection of separate financial services businesses into a cohesive, integrated platform \u2014 a \u201cfinancial services supermarket.\u201d<\/p>\n This consolidated model intends to bring multiple financial categories under one umbrella:<\/p>\n Lending<\/p>\n<\/li>\n Life insurance<\/p>\n<\/li>\n General insurance<\/p>\n<\/li>\n Wealth management and asset management<\/p>\n<\/li>\n Newer emerging verticals<\/p>\n<\/li>\n<\/ul>\n The group\u2019s focus is to create a unified ecosystem where customers can access multiple financial products and solutions seamlessly, strengthening the brand\u2019s long-term competitive position.<\/p>\n If Bajaj Finance achieves its guided \u20b95 lakh crore AUM in FY26, the milestone will:<\/p>\n Reinforce its dominance among the largest NBFCs in the country<\/p>\n<\/li>\n Place it alongside India\u2019s mid-tier private banks in scale<\/p>\n<\/li>\n Validate its technology-driven growth strategy<\/p>\n<\/li>\n Strengthen its positioning ahead of the next growth cycle outlined for 2026\u20132030<\/p>\n<\/li>\n<\/ul>\n Bajaj Finance\u2019s rise marks one of the most notable growth stories in India\u2019s financial sector, especially as it narrows the gap with several established banks through a combination of aggressive expansion, digital transformation, and a strong customer acquisition pipeline.<\/p>\n Click here to explore:<\/strong> Bajaj Finance is positioned to achieve a major milestone in the current financial year, with the company guiding that its assets under management (AUM) will surpass \u20b95 lakh crore in FY26. Such a landmark would further cement its position as one of India\u2019s most influential non-bank financial institutions (NBFCs). While still smaller than the country\u2019s […]<\/p>\n","protected":false},"author":7,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1384],"class_list":{"0":"post-18799","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1384,"user_id":7,"is_guest":0,"slug":"jitesh-kanwariya","display_name":"Jitesh Kanwariya","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/08\/Jitesh-Kanwriya.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/18799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=18799"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/18799\/revisions"}],"predecessor-version":[{"id":18801,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/18799\/revisions\/18801"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/18800"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=18799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=18799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=18799"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=18799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}AI-Led Transformation: \u20b93,500 Crore Loans via Voice Bots<\/h2>\n
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Bajaj Finserv\u2019s Long-Range Profit Ambition: \u20b921,000\u201324,000 Crore PAT by FY30<\/h2>\n
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Customer Base Target: Over 220 Million by FY30<\/h2>\n
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Vision 2026\u20132030: Building India\u2019s Financial Services Supermarket<\/h2>\n
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AUM Milestone Will Strengthen Industry Standing<\/h3>\n
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\nGift Nifty<\/a>
\nFII DII Data<\/a>
\nIPO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"