Page 20 - Bajaj Finance

Bajaj Fin: Worst case scenarios play out as stress builds across portfolios

Bajaj Finance has indicated that its rural and urban consumer businesses were at 91 per cent and 72 per cent of year-ago volumes and so far the lender has restructured only Rs 252 crore of loans

Bajaj Finance Q2 profit down 36% to Rs 877 crore on increased provisioning

The Pune-headquartered company said new loans booked during the second quarter dropped 44 per cent to 3.61 million

Bajaj Finance reports 36% dip in net profit in July-Sept qtr at Rs 965 cr

The non-banking finance company had posted a net profit of Rs 1,506 crore in the July-September quarter a year ago.

MARKETS: Metal, realty stocks shine in choppy trade; Sensex ends 163 pts up

All that happened in the markets today

Bajaj Finance to continue Covid provisioning, strengthen its balance sheet

The lender, in Q1FY21, took an additional contingency provision of Rs 1,450 crore for the pandemic, taking the total amount to Rs 2,350 crore as of June 30

Bajaj Finance's Q2 a damp squib despite unlocking; stock falls over 4%

Lender's caution on customer additions and fresh loan disbursals suggests the unpredictable nature of retail asset quality, say analysyts.

Bajaj Finance declines over 5% as Q2 business update disappoints Street

New loans declined sharply to 3.6 million from 6.5 million year-on-year and 5 million quarter-on-quarter.

Charts indicate continuation of up-trend in Nifty: HDFC Securities

Nifty has broken out from the rising wedge pattern on the daily chart

Axis Bank, Bajaj Auto, HUL: Here's how to trade result-driven stocks

The results outcome have seen profit booking on the gap up opening

Rahul Bajaj steps down as Bajaj Finance's chairman, son Sanjiv to take over

Rahul Bajaj has decided to demit the office as chairman of the board with effect from close of business hours on July 31

Bajaj Finance: June quarter disappoints, all eyes now on collections

Higher provisioning in line with priority to mitigate balance-sheet risk

Rahul Bajaj steps down as Bajaj Finance's chairman; stock ends 4% lower

The board has appointed Sanjiv Bajaj, currently the Vice Chairman of the Company, as Non-Executive Chairman of the Company with effect from August 1, 2020

Bajaj Finance consolidated Q1 pre-tax profit down 29% on Covid provisioning

Net profit down 19 per cent to Rs 962 crore from Rs 1,195 crore in Q1FY20

Nifty could face resistance at 11,000 level: Gaurav Garg of CapitalVia

We might witness weakness only if Nifty breaks level of 10,700

Bajaj Finance: Investors should await clarity on moratorium, asset quality

Some analysts are still cautious on asset quality

Bajaj Finance gains 10% as AUMs under moratorium decline in June

The NBFC's assets under management (AUM) under moratorium declined from 27 per cent, at the end of April 2020, to about 15.5 per cent at the end of June 2020.

Financials in focus; Bajaj Finance, M&M Financial, Bandhan Bank up over 5%

MAS Financial, Ujjivan Financial, HUDCO, Cholamandalam Investment, Aditya Birla Money, Geojit Financial, AU SFB, and CreditAccess Grameen were up in the range of 5 per cent to 9 per cent on the BSE.

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

AUM under moratorium for Bajaj Finance reduces to 15.5% in Q1 of FY21

Firm may need to make additional provisioning due to covid-19 to further strengthen its balance sheet. In Q4FY20, it made provisions of Rs 1,954 crore, of which Rs 900 crore was set aside for covid-re

Bajaj Finance, Axis Bank decline 5% after S&P downgrades ratings

S&P Global Ratings said that worsening operating conditions following Covid-19 have increased risks for financial institutions and banks operating in India