At 11:53 am; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Private Bank indices were up 4 per cent, as compared to a 2.3 per cent rise in the Nifty50 index.
"With digitisation, a less monolithic structure is relevant for the future. But at the same time, there is certain solidity to being a bank because of the regulatory regime", said Bajaj
In an interview with Business Standard's Surajeet Das Gupta, chairman and managing director of Bajaj Finserv, Sanjiv Bajaj, shares how he plans to take financial service business digital. Listen in
The company's consolidated total income stood at Rs 17,620 crore in the latest December quarter compared to Rs 15,961 crore in the year-ago period
Asian Paints, Bajaj Finserv, Bajaj Holdings, Biocon, Century Textiles, Havells India, Hindustan Unilever, Bank of Maharashtra, MphasiS, Persistent Systems and Shoppers Stop to announce results today.
In Q3FY22, Bajaj Finance's assets under management (AUM) grew 8.6 per cent quarter on quarter (QoQ) to Rs 1.81 trillion.
Bajaj twins can slide another 10% from current levels; Supriya Lifescience IPO fully subscribed within hours of opening
Both the stocks have broken major supports and a further downside seems inevitable
IRCTC and Bharti Airtel could be in focus owing to negative news flow, apart from the stocks that are likely to react to corporate earnings
New loans booked during the quarter under review were 6.33 million (63.3 lakh) as against 4.63 million (46.3 lakh) in Q1 FY22
Apart from earnings candidates, auto and telecom stocks could be in focus on reports of chip shortage likely to linger for a longer period
The rate of interest for salaried and professional applicants now starts from 6.70%* p.a. - 0.05% down from the earlier 6.75%* p.a.
Bajaj Finserv's market capitalisation stood at Rs 2.96 trillion on the BSE in the early afternoon session
Recent entrants are leveraging technology and low-cost 'passive investing' to attract customers in an industry where market penetration is low
Setting up of the AMC business will add value to Bajaj Finserv's overall business
The company's shares rose 7.91 per cent or Rs 1,207.05 on Tuesday and ended the session at Rs 16,475.25 apiece
Here is how Bajaj Finserv and Bajaj Finance look on the technical charts
The company would be setting up an Asset Management Company and the Trustee Company to sponsor the MF
State-owned Power Grid Corporation of India board has decided to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services
The Reserve Bank of India has allowed IDFC to exit the IDFC First Bank after the expiry of the lock-in period of 5 years