Page 22 - Bajaj Finance

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

S&P rating action won't impact Axis Bank, Bajaj Finance much: Experts

Experts say comfortable capital levels, strong market position positive for both

Financials rebound; Bajaj Finance, RBL Bank gain over 10% from day's low

The Supreme Court, during the hearing, indicated that it was not considering a complete waiver of interest but was only concerned that postponement of interest shouldn't accrue further interest on it.

Sensex, Nifty zoom to 1-month high over unlock 1.0 and FPI buying

The Sensex gained for the fourth consecutive day, rising 879 points, or 2.7%, to end at 33,303, while the Nifty rose 246 points, or 2.6%, to end at 9,826

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.

High risk aversion of most lenders is astounding, says Bajaj Finserv CMD

Instead of extending the moratorium by another three months, it would have been better to allow lenders to offer a one-time restructuring only to those who need it, says Sanjiv Bajaj

Sell-off in banking and financial stocks drags benchmark indices down

The Bank Nifty declined 2.6%, with several big names posting losses in excess of 4%

MARKET WRAP: Financials lift indices; Sensex up 622 pts; Nifty above 9,050

All that happened in the markets today

Bajaj Finance declines over 1% as Q4 profit dips 19% YoY; recovers later

The NBFC lost 10 productive days in Q4FY20 due to the coronavirus pandemic and the consequent lockdown. This resulted in lower acquisition of nearly 1 million loan accounts.

Market Ahead, May 20: All you need to know before the opening bell

Reliance Industries will be in focus today as its mega rights issue opens today and closes on June 3

Bajaj Finance: Focus shifts from growth to capital preservation

Profit plunges as the lender loses business worth Rs 4,500 cr in 8 days of lockdown

Financials tank as fiscal package disappoints markets; Nifty Bank slips 5%

Nifty Bank, Nifty Private Bank and Nifty PSU Bank indices were down 5 per cent each as compared to 2.4 per cent decline in the Nifty 50 index.

Bajaj Finance hits lowest level since May 2018; stock tanks 59% in 2 months

Historically, the June quarter is the largest contributor to Bajaj Finance's AUM growth

Big NBFCs need direct liquidity line from RBI: Bajaj Finserv's Sanjiv Bajaj

In an interview with Surajeet Das Gupta, Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, charts out the challenges and way forward for the economy as well as NBFCs

Bajaj Finance dips 8% after UBS downgrades it to 'Sell', cuts target price

The Covid-19 induced slowdown, UBS believes, could have worse impact on the auto finance segment than demonetissation or global financial crisis, casting shadow on the NBFC's loan segment