Elevated balance transfer attrition
BT out on home loan portfolio is ~20%, with 60-70% of prepayments attributed to balance transfers. This pressure is expected to persist until interest rates stabilize.
high · management_commentaryBajaj Housing Finance Limited — Q3 FY26
Bajaj Housing Finance reported a solid Q3 FY26 with AUM growth of 23% YoY to ₹1.33 lakh crore, driven by 32% YoY disbursement growth to ₹16,545 crore.
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
Regulatory capital charge on undisbursed loans
RBI's consolidated circular removed an illustration allowing capital relief on undisbursed tranches of under-construction home loans and construction finance, leading to a sharper Tier 1 decline. Clarity is awaited.
medium · analyst_questionIntense competition from banks in prime segment
Competitive intensity from PSU banks on pricing remains high in prime and super-prime segments, pressuring spreads and acquisition costs.
medium · management_commentaryPotential margin compression from lower assignment income
If home loan growth remains subdued relative to non-HL growth, higher assignment may be needed to manage PBC, which could compress NIMs further.
medium · analyst_question