Page 9 - Bajaj Finance

Jio Financial Services in early talks with bankers for maiden bond issue

Jio Financial, which was carved out of Reliance Industries, is in the process of getting its credit rating and other necessary approvals

RBI ban on 2 Bajaj Finance e-lending products: How it impacts borrowers

Last week, the Reserve Bank of India (RBI) ordered Bajaj Finance to stop issuing new loans through its 'eCOM' and 'Insta EMI Card' due to non-compliance with the digital lending guidelines.

Stocks to Watch: L&T, Bharti Airtel, SBI Card, Dixon, Cipla, Bajaj Finance

Stocks to watch on November 20, 2023: SBI Card said that its capital adequacy ratio is expected to decline by 4 per cent due to the RBI's latest move on tightening consumer loan norms

Bajaj Finance temporarily halts issuance of EMI Cards to new customers

The company continues to offer financing to new and existing customers at dealer stores in the normal course of business

Indian lenders' tech challenges frustrate efforts to grab market share

Bajaj Finance was directed on Wednesday to stop offering credit via two products that failed to comply with digital lending rules

RBI's ban on Bajaj Finance's eCOM and Insta EMI Card: All you need to know

Bajaj Finance said it is temporarily suspending the sanction and disbursal of new loans under the two products

Axis Bank, Bajaj Fin can dip up to 7%; GIC Hsg likely to gain, show charts

Meanwhile, SBI looks range-bound on charts, while shares of SBI Cards & Payments can pullback up to 7 per cent from present levels.

eCOM, Insta EMI Card ban may hit Bajaj Finance for 1-2 qtrs: Analysts

Following the development, shares of Bajaj Finance tumbled 4 per cent in the intraday trade, before recouping losses to end 1.9 per cent higher at Rs 7,366 per share

Sensex gains 307 pts, Nifty holds 19,750; IT stocks dazzle, PSBs decline

Closing Bell on November 16, 2023: Among sectors, the Nifty PSU Bank index fell 0.24 per cent, the Nifty FMCG 0.15 per cent, and the Nifty Bank 0.09 per cent

Stocks to Watch today, Nov 16: TCS, Bajaj Fin, RateGain, ONGC, Dabur, Paytm

Stocks to Watch on Thursday, November 16, 2023: The RBI has asked Bajaj Finance to stop sanctioning and disbursal of loans under 'eCOM' and 'Insta EMI Card' segments with immediate effect

RBI bars Bajaj Finance from lending under eCOM, Insta EMI Card products

Bajaj Finance says no material impact; to review KFS

RBI directs Bajaj Finance to stop lending under eCOM, Insta EMI Card

The Reserve Bank on Wednesday directed Bajaj Finance to stop sanction and disbursal of loans under its two lending products eCOM and Insta EMI Card, with immediate effect. "This action is necessitated due to non-adherence of the company to the extant provisions of Digital lending guidelines of the Reserve Bank of India, particularly non-issuance of Key Fact Statements to the borrowers under these two lending products and the deficiencies in the Key Fact Statements issued in respect of other digital loans sanctioned by the company," the central bank said in a statement. These supervisory restrictions will be reviewed after the rectification of the said deficiencies to the satisfaction of the RBI, it added.

Sensex, Nifty take breather after 3-day winning run; pharma, PSBs rally

Closing Bell on November 7, 2023: The broader markets, on the other hand, held steady gains throughout the session, settling 0.53 per cent and 0.38 per cent higher, respectively

Stocks to Watch today: Bajaj Finance, Nykaa, HPCL, IRCTC, RR Kabel, Sobha

Stocks to watch on Tuesday, November 7, 2023: Apollo Tyres, Balrampur Chini, CRISIL, IRCTC and Power Grid Corporation among prominent companies scheduled to announce results today.

Bajaj Finance sets base price for Rs 8,800-crore QIP at Rs 7,250 per share

The NII for the reported quarter improved by 26 per cent to Rs 8,845 crore from Rs 7,002 crore in the same period a year ago

Bajaj Finserv Q2 results: Consolidated net profit rises 24% to Rs 1,929 cr

Its consolidated total income rose by 25 per cent Y-o-Y to Rs 26,023 crore in the reporting quarter from Rs 20,803 crore in Q2FY23

Bajaj Auto, Wipro, Bandhan Bk: Trading strategies in stocks post Q2 results

Charts suggest that Bajaj Auto can potentially rally up to 7 per cent from present levels, while Bajaj Finance, Bandhan Bank and Wipro can tumble up to 21 per cent.

Shares of Bajaj Finance fall 3% as management projects margin contraction

Bajaj Finance stock: During the recently concluded quarter, Bajaj Finance saw 29 bps year-on-year (YoY) and 11 bps quarter-on-quarter (QoQ) decline in NIM to 10.5 per cent

Stocks to Watch today: Bajaj Finance, LTTS, Zensar, HUDCO, Glenmark, Biocon

Stocks to watch on Wednesday, October 18, 2023: Bajaj Auto, Bandhan Bank, IndusInd Bank, LTIMindtree and Wipro to be in focus ahead of Q2 results today.

Bajaj Finance Q2 results: Consolidated net profit up 28% to Rs 3,551 cr

With rising cost of funds BFL expects further compression in NIMs