Spread compression from elevated money market rates
If money market rates remain elevated without a policy rate hike, the company's ability to pass on costs is limited, leading to further spread compression.
high · management_commentaryBajaj Housing Finance Limited — Q4 FY26
Bajaj Housing Finance reported a steady Q4 FY26 with AUM crossing INR 1.4 lakh crore, growing 23% YoY.
neutral
medium
Financial stats pending filing verification
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Sustained high BT-out rates from competitive bank pricing
BT-out rates remained elevated in Q4 despite expectations of stabilization, driven by aggressive pricing from public and private sector banks.
medium · analyst_questionRegulatory risk from declining home loan share
The home loan share of total assets has been contracting, though still above the regulatory minimum of 50%. Further decline could attract regulatory scrutiny.
low · analyst_questionMacro uncertainty impacting growth and asset quality
Global geopolitical and macro factors could affect policy rates and economic growth, potentially impacting loan growth and credit costs.
medium · management_commentary