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

[ad_1] Shares of Bajaj Finance sprinted 4.7 per cent to Rs 7,732 per share on the BSE in Thursday’s intraday trade as the non-bank finance company’s (NBFC’s) December quarter…

Bajaj Finance shares soar 5% as Q3 business update shows robust AUM growth

[ad_1] Shares of Bajaj Finance sprinted 4.6 per cent to Rs 7,725 per share on the BSE in Thursday’s intraday trade as the non-bank finance company’s  (NBFC’s) December quarter business…

RBI proposed easing of norms for dividend payout by banks

[ad_1] The Reserve Bank of India (RBI) on Tuesday has proposed to give permission for banks having net non-performing assets (NPAs) ratio of less than 6 per cent to declare…

Central theme of ’24: Fight with inflation for growth

[ad_1] The theme of a column on banking and finance that appears on January 1 is cast in stone — the New Year trends. Before that, a quick recap of…

Fully secured loans shield Five Star Business Finance from RBI concerns, says CMD

[ad_1] Chennai-based non-bank lender Five Star Business Finance anticipates a 25 -30 basis points rise in its cost of funds following the Reserve Bank of India’s (RBI’s) revised lending norms.…

EnKash gets RBI nod to operate as payment aggregator

[ad_1] EnKash on Wednesday said it has secured regulatory approval from the Reserve Bank of India to operate as a payment aggregator under the brand name “Olympus”. Post the regulatory…

FPIs flood Indian equity markets, infuse Rs 1.5 lakh crore in 2023 despite global uncertainty

[ad_1] In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country’s…

Modi seeks to revive hinterland finance hub with new sweeteners

[ad_1] Indian Prime Minister Narendra Modi is looking to revive a decade-old project to build a new financial hub in his home state of Gujarat, with new breaks aimed at…

Sharp downgrades likely to keep Paytm stock under pressure in market

[ad_1] In a presentation, One97 Communications (Paytm) announced that it is going to cut back on loan distribution for small-ticket ‘postpaid’ loans as a prudential measure. This decision follows the…

Markets take a breather before RBI policy announcement

[ad_1] NEW DELHI: After a flat opening Nifty traded volatile on the weekly expiry and ended the session at 20,901.15 levels. On the other hand Bank Nifty took support near…