Archive · 4 Jan 2026
Indian Financial Sector Reports Strong Q3 Growth
Four big finance companies in India shared good news about their business.
Mahindra & Mahindra Financial Services gave out more loans this quarter, about 7% more than last year, and their total money they can lend also grew by 12%.
Their customers are paying back on time, with 95% of loans being collected.
They also have a lot of money set aside for emergencies, over ₹8,850 crore.
Ujjivan Small Finance Bank saw their deposits grow by 22%, and their share price went up by 4.42%.
Bajaj Finance also had a good quarter, with their total money managed growing by 22%, and their share price went up by 1.79%.
Bandhan Bank reported a 10% increase in loans and a 11.1% increase in deposits, with their share price rising by 0.53%.
All these companies are doing well and growing their business.
Mahindra & Mahindra Financial Services reported a 7% YoY increase in Q3 disbursements to ₹17,600 crore, with business assets rising 12% YoY to ₹1.29 lakh crore.
Ujjivan Small Finance Bank saw a 22.2% YoY growth in deposits to ₹42,219 crore, with a 7.5% sequential increase.
Bajaj Finance's assets under management grew 22% YoY to ₹4.86 lakh crore, with a sequential increase of ₹23,600 crore.
Bandhan Bank reported a 10% YoY increase in loans to ₹1,45,227 crore and an 11.1% YoY increase in deposits to ₹156,723 crore.
All four companies saw their share prices increase on January 2, 2026, with Bandhan Bank up 0.53%, Ujjivan up 4.42%, and Bajaj Finance up 1.79%.
- Who
- Mahindra & Mahindra Financial Services, Ujjivan Small Finance Bank, Bajaj Finance, Bandhan Bank
- What
- Q3 business updates showing growth in loans, deposits, and assets
- When
- December 31, 2025 (Q3 end) and January 2-4, 2026 (update release)
- Where
- India (financial services operations)
- Why
- To provide business updates ahead of detailed financial results
- M&M Financial Q3 Disbursements
- ₹17,600 crore (7% YoY increase)
- M&M Financial Business Assets (Q3)
- ₹1.29 lakh crore (12% YoY increase)
- M&M Financial 9-Month Disbursements
- ₹43,900 crore (4% YoY increase, excluding finance leases)
- M&M Financial Collection Efficiency
- 95% (unchanged YoY)
- M&M Financial Stage-3 Assets (Q3)
- 3.9% to 4.0% (stable YoY)
- M&M Financial Stage-2 Assets (Q3)
- 5.4–5.5% (down from 5.8% in Q2 and 6.3% YoY)
- M&M Financial Liquidity Buffer (Q3)
- ₹8,850 crore
- Ujjivan Deposits (Q3)
- ₹42,219 crore (22.2% YoY increase)
- Ujjivan Sequential Deposit Growth
- 7.5% from September 30, 2025
- Ujjivan Share Price (January 2, 2026)
- ₹55.76 (up 4.42%)
- Bajaj Finance Customer Base
- 115.4 million
- Bajaj Finance AUM (Q3)
- ₹4.86 lakh crore (22% YoY increase)
- Bajaj Finance Sequential AUM Growth
- ₹23,600 crore increase during the quarter
- Bajaj Finance Share Price (January 2, 2026)
- ₹990.55 (up 1.79%)
- Bandhan Bank Loans (Q3)
- ₹1,45,227 crore (10% YoY increase)
- Bandhan Bank Deposits (Q3)
- ₹156,723 crore (11.1% YoY increase)
- Bandhan Bank Retail Deposits (Q3)
- ₹1,13,420 crore (17.2% YoY increase)
- Bandhan Bank CASA Deposits (Q3)
- ₹42,730 crore (4.5% YoY decrease)
- Bandhan Bank Collection Efficiency (Q3)
- 98.1% (up from 97.8% in Q2)
- Bandhan Bank Share Price (January 2, 2026)
- ₹144.95 (up 0.53%)
Sources
M&M Financial Q3 update: disbursements seen up 7%, assets up 12%
Ujjivan Small Finance Bank Q3 Update: Deposits rise 22%, loan book grows 22%
Customer base at 115.4 million, AUM at ₹4.86 lakh crore - CNBC TV18
Bank of Baroda Q3 loan book growth higher than management guidance; Stock in focus
Bandhan Bank loans grow 10 pc to Rs 1.45 lakh crore in Dec quarter; deposits up 11 per cent
Bandhan Bank loans grow 10% Dec quarter, deposits up 11%
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