Bajaj Finance shares slump over 5% on rising stress in B2C loan portfolios.
Credit costs remained high, attributed to lower collection efficiency, impacting urban B2C loans more.
Credit costs remained high, attributed to lower collection efficiency, impacting urban B2C loans more.
The announcement follows a meeting of the company’s management with Tamil Nadu Chief Minister M K Stalin and his delegation in Madrid, Spain
The proceeds will be used to ramp up hiring, expand its footprint and ramp up the deployment of assets and service infrastructure
The seed major clocked Rs 1,100 cr in 2022-23; targets to regain leadership in cottonseed sector
As per Axis Bank Research, capital expenditure by private non-financial companies has grown from ₹4.6 lakh crore to 5.9 lakh crore during FY19-23.
From Myanmar to Israel, countries are grappling with attacks by rebels, terrorists and militants. India can only hope that things don’t deteriorate further
There has been a considerable broadening of the tax base in recent years
The skilling of youth, in the gig and unorganised sectors, must be taken up on a priority basis to adjust to emerging realities
The RBI’s guidelines for self regulatory organisations are in tune with the times. They can bring some order to the financial scene
Agri sector has credit potential of Rs ₹1.33 lakh crore: Nabard CGM Suseela Chintala
NPS assets exceed ₹ 11.07-lakh crore amid equity market rally of recent months, outperforming government schemes
PAT jumps to ₹2,947 crore from ₹2,552 crore posted during the year-ago period; revenue up 19% to ₹55,128 crore
Due to uncertainty looming over the forthcoming vote-on-account Union Budget and the US Fed policy announcement
Revenue down at ₹5,450 crore
While the promoters seek around $4 billion for the transaction, buyers are offering significantly less
Our high economic growth will ensure that American investments and collaborations in India result in very high returns for our American partners, says the Defence Minister
Many farmers in the region say the yield has dipped by 10-13 per cent this season and hold the popular variety CO-0238 responsible
Inventories drop in key consuming regions of Europe, Red Sea crisis disrupts supply chain
The work on the project is expected to start by July
Inclusion of Indian gilts in JP Morgan’s GBI-EM could attract investments aggregating about $23-25 billion in a phased manner
The State-owned oil refiner is working on an offer document for a rights issue of shares
The increase in the number of outstanding shares, notably due to the ESOP pool expansion, could have contributed to this valuation shift, said Meesho spokesperson
Stock closes at ₹207.70 on the BSE against IPO price of ₹230
Growth forecast lower than government expectations