INDIA MARKET LENS
Companies◆ Mixed

Bajaj Finance to shrink lending to reckless borrowers

Bajaj Finance flagged a risk.

· LiveMint Companies

Bajaj Finance is halving the share of new loans to customers with three or more lending relationships to 3.5% by March 2027 amid concerns indebtedness.

Bajaj Finance reported movement of 3.5%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is +0.0% on the day at ₹939.10, and has returned -10.9% over three months. It sits 19% below its 52-week high. The financial services sector has moved -14.9% over the same period, so Bajaj Finance is running 4.0 points ahead of its peers.

For Bajaj Finance, the question is how much of this is already reflected in the price and how much re-rates the financial services peer set alongside it.

  • In focus: Bajaj Finance (BAJFINANCE), in Financial Services.
  • Over three months: Bajaj Finance -10.9% against Financial Services -14.9% (4.0 points ahead).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Bajaj FinanceBAJFINANCE · Financial Services₹939.10+0.0%-2.1%-10.9%-19.0%1.2×—

Financial Services

1M -8.8% · 3M -14.9%

Bajaj Finance

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.

BAJFINANCEFinancial Services