Page 5 - Bajaj Finance

Bajaj Finance's FD book grows 21% to Rs 66,131 cr as on September end

Bajaj Finance Ltd (BFL), part of Bajaj Finserv Ltd, has reported a growth of 21 per cent in its Fixed Deposit (FD) book to Rs 66,131 crore as on September 30, 2024, a senior company official has said. The company's total customer franchise stood at 92.09 million as of September 30, 2024 and net users on its App platform stood at 61.67 million. "The Bajaj Group's century-old legacy of trust resonates across generations of Indian families. Bajaj Finserv is founded on the business philosophy of the Bajaj Group, which has encouraged people across demographics to choose its FDs," Sachin Sikka, Executive Vice President Deposits, Investments, Rewards and EMI Cards, Bajaj Finance, said. Senior citizens can avail FD rates of up to 8.85 per cent and non-senior citizens can take benefit of rates of up to 8.65 per cent, by booking digitally in the 42 months tenure, Sikka said. Bajaj Finance has seen deposits growing in Punjab and Haryana, where senior citizens constitute nearly two-thirds of i

IFC to partner with Bajaj Finance to pump in $400 mn for climate finance

IFC's $400 million loan will enable Bajaj Finance to expand access to finance for customers opting to buy EVs, including 2-wheelers, 3-wheelers and 4-wheelers

IFC commits $400 mn to Bajaj Finance to help boost finance, empower women

IFC, a member of the World Bank Group, has committed USD 400 million (about Rs 3,300 crore) to help expand access to finance for customers opting to buy EVs and energy efficient consumer goods as well as support women-owned microenterprises. This USD 400 million support is part of the USD 1 billion fundraising exercise by Bajaj Finance Ltd (BFL). The funding aims to increase competitiveness in the climate finance market, support the country's climate goals, and promote financial inclusion, a joint statement said on Wednesday. IFC's USD 400 million loan will enable BFL to expand access to finance for customers opting to buy EVs, including two-wheelers, three-wheelers and four-wheelers, and strengthen its presence in the energy efficient consumer goods (EECG) space. "Accelerating climate financing is crucial for India to meet its net-zero goals. IFC's investment in Bajaj Finance will boost market competition, inspiring other NBFCs and investors to expand their financing for ...

Bajaj Finance: Your Partner in Financial Solutions

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Bajaj Finance surges over 5% on steady Q2 earnings; profit zooms 13%

Bajaj Finance stock moved northwards in the early morning deals of Wednesday, rising up to 5.22 per cent at Rs 7026.40 per share on the BSE

Bajaj Finance Q2FY25 results: Consolidated net up 13% at Rs 4,014 crore

While NII grows 23%, loan loss provisions up 77%

Bajaj Finance Q2 results: Net profit at Rs 4,041 crore, misses estimates

Consolidated numbers include the non-banking financial company's (NBFC) subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities

Bajaj Finance employee dies by suicide; family alleges mental harassment

The deceased's family members have alleged that company officials had been continuously pressuring him to achieve targets

NBFCs eye Rs 5,000 crore through bond issuances over next one week

Sidbi raises Rs 8K cr, single-largest by a non-bank so far in FY25

Bajaj Housing Finance IPO doubles money on listing; book profit or hold?

Bajaj Housing Finance IPO listing: Shares beat GMP at listing with 114 per cent premium. The m-cap of the company surpassed Rs 1-trillion mark within minutes of the mega listing

Strategies to trade Bajaj Finance, Bajaj Finserv post Bajaj Housing debut

Technical chart flag caution at the Bajaj twin counters owing to formation of a 'Bearish Engulfing' candlestick pattern on the daily scale; check key support, resistance levels here

Bajaj Housing Finance IPO listing today: Investors eye windfall gains

The unlisted shares of Bajaj Housing Finance are currently trading at a premium of approximately Rs 75, representing a 107 per cent gain over the IPO issue price

Bajaj Housing Finance IPO, Sitaram Yechury passes away, BSE, NSE & more

The Bajaj Housing Finance IPO became India’s most subscribed ever, with total bids reaching Rs 3.24 trillion.

Nomura ups target for Bajaj duo, M&M Fin, says rate cut positive for NBFCs

Regarding the implications of a rate cut for NBFCs, analysts noted that asset composition is more crucial than liability composition.

Bajaj Housing Finance IPO allotment today; check status, GMP & likely gains

Once the allotment of the Bajaj Housing Finance IPO is finalised, investors can check their status on the official websites of BSE, NSE, or Kfin Technologies from today

Bajaj Housing IPO GMP rockets 100% on last day; should you park your funds?

Bajaj Housing Finance IPO, which ends today, has so far received an overwhelming response from investors, with the public issue being subscribed 7.50 times by the second day of subscription

Want to build best housing finance firm of the future: Bajaj Finserv execs

Bajaj Housing Finance is looking to raise Rs 6,560 cr, of which fresh issues are for Rs 3,560 cr and offer for sale is for Rs 3,000 cr. Bidding for the IPO opens on Sept 9 and closes on Sept 11

Bajaj Finance's housing finance arm files RHP for IPO; shares up 3.2%

Bajaj Finance's housing finance arm Bajaj Housing Finance filed its Red Herring Prospectus (RHP) for an up to Rs 7,000-crore IPO

Bajaj Finserv, Bajaj Finance shares gain ahead of mortgage arm IPO

Special shareholder quota for Bajaj Finserv, Bajaj Finance shareholders

These 3 penny stocks would have made you a millionaire in 20 years

Penny stocks under Rs 10: Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks, you would have become a millionaire by now