Bajaj Finance Plans to Raise Rs 10,000 Crore Through QIP and Preferential Issue
The non-banking finance company, Bajaj Finance, on 5 October announced its plans to raise Rs 10,000 crore by ways of QIP (qualified institutions placement) and...
Tag : bajaj finance
Bajaj Finance’s New Loan Bookings Soar 20%, Core AUM Rises 29%
On April 4, Bajaj Finance said new loan bookings for the quarter ended March 31 rose 20% to 7.6 million, besides 6.3 million in the...
Bajaj Finance Falls for 5th Straight Session, Shares Down 6% in 1 Week
Shares of Bajaj Finance fell for the fifth straight day in a row on Tuesday, down 1% to Rs 5,776 intraday trade on the BSE....
Bajaj Finance Shares Soar 5% on Record Quarterly Profit
Shares of Bajaj Finance rose 5% to Rs 6,020 on the BSE in intra-day trade on Monday after the consumer financier reported its highest-ever consolidated...
Bajaj Finance Flips 8% as AUM Logs Lesser Growth in Q3
On BSE, Bajaj Finance shares tumbled 8% to Rs 6,032.25 in Thursday’s intra-day trades since consumer finance stated Assets Under Management (AUM) grew by 27...
RBI Revises Securitisation Norms
Securitisation is the conversion of assets, primarily loans, into securities, usually by selling them to other lenders to raise cash. Hence, in India, securitisation is...
RIL Among Mutual Fund’s 10 Most Desired Stocks During Earnings Season
Mutual funds ramped up bets on the Mukesh Ambani-led company in October despite an unexpected drop in Reliance Industries (RIL) second-quarter profit. Two other top...
Bajaj Finance FD Interest Rate Increased to 7.85% Per Annum
Adding safe, low-risk investments to your portfolio is a great way to grow wealth safely. To ensure your wealth grows faster, Bajaj Finance has increased...
Sensex Gains Over 1,000 Points, Nifty Reclaims 17,300 Points, Infosys Jumps 4%
In line with global stock markets, benchmark stock indexes opened higher on Friday, led by IT, banking and financial stocks gains. The BSE Sensex was...
Bajaj Finance Reports Strong Asset Growth, But Loan Bookings Disappoint Street
Shares of Bajaj Finance opened with modest gains on October 6 before slipping into the red, even as the company reported a strong 31% increase...