Page 9 - Bajaj Finance

Bajaj Finance Q3 results: Net profit jumps 22.4% to Rs 3,639 crore

Consolidated numbers include the businesses of the lender's subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities

Sensex zooms 1,241 pts, Nifty tops 21,700 as RIL soars 7%, Tata Motors 3.5%

Stock market highlights on Monday, January 29: Tata Motors (up 3.7 per cent), Power Grid, L&T, NTPC, Kotak Bank, Ultratech Cement, Titan, Sun Pharma, Axis Bank, and HDFC Bank were other top gainers

Bajaj Finance shares soar 4% as Q3 business update shows robust AUM growth

NBFC reported 26% rise in new loans during the December quarter

Bajaj Finance's AUM post 35% growth, cross Rs 3 trn mark in Dec 2023

In Q3FY24, the company's AUM improved by nearly Rs 20,700 crore

Bajaj Group tops Rs 10 trn m-cap; Key levels to watch out on major stocks

Among individual shares, Bajaj Finance and Bajaj Finserv look ripe for further upside, while Bajaj Auto may witness some consolidation in the near-term, hint charts.

L&T, RIL, AU Small Finance Bank: Chris Wood rejigs India equity portfolio

This, he wrote in his weekly note, GREED & fear, will be paid for by reducing the existing investments in Bajaj Finance, Oil & Natural Gas Corporation (ONGC), and Reliance Industries (RIL)

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.