Stories
Bajaj Finance to Launch New Term Loan Variants Ahead of RBI Credit Rules
M
Moneycontrol•19-10-2026, 21:21
Bajaj Finance to Launch New Term Loan Variants Ahead of RBI Credit Rules
- •Bajaj Finance announced plans to introduce new term loan variants starting November 1 in response to the Reserve Bank of India draft proposal.
- •The RBI draft guidelines aim to ban revolving credit facilities by non-bank financial companies, impacting flexi-loans and overdraft facilities.
- •Revolver loans account for approximately 15 percent of Bajaj Finance assets under management.
- •The company expects a transient near-term impact on its assets under management, margins, and profitability if the framework is finalized.
- •Bajaj Finance is also closely monitoring monsoon conditions and has reduced microfinance and business-to-business lending in select regions.
Key Questions Answered
Bajaj Finance plans to introduce new term loan variants starting November 1 that do not allow for withdrawal but feature attractive options to find a middle ground following the RBI draft proposal.
The company expects a transient impact on its assets under management, margins, and profitability in the near term should the framework be finalized.
Bajaj Finance is monitoring monsoon conditions due to drought declarations in three states, leading the company to reduce microfinance lending and cut business-to-business lending in certain rural and urban districts.
