Bajaj Finance Ltd News

Zomato, Bajaj Fin: 5 largecaps that can gain over 20% in 2025; time to buy?

In the year 2024, every second stock among largecaps surged more than 50%, with 3 doubling investors' wealth. As we near the end of the calendar year, here are 5 potential stock winners for 2025.

We should double in size in 5 years, says Bajaj Finance MD Rajeev Jain

We have unveiled our AI technology transformation strategy. And we have, in general, as a firm, been huge beneficiaries of using technology early, Rajeev Jain said

Bajaj Finance Investor Day: Shares gain as mgt eyes becoming FINAI by FY29

Bajaj Finance share: Bajaj Finserv presented a five-year Long-Range Strategy (LRS) at its investor day for Group companies on December 10, 2024. What should investors do with Bajaj Finance shares now?

Why RBL Bank shares hit 52-week low, Bajaj Fin slid 1% in today's trade?

Following the development, RBL Bank informed that co-brand cards issued to date will continue to operate as usual without any change

Bajaj Fin exits co-branded credit card biz, ends tieup with DBS India, RBL

RBI restricted co-brand partners' role to distribution only

Bajaj Finance's FD book grows 21% to Rs 66,131 cr as on September end

Bajaj Finance Ltd (BFL), part of Bajaj Finserv Ltd, has reported a growth of 21 per cent in its Fixed Deposit (FD) book to Rs 66,131 crore as on September 30, 2024, a senior company official has said. The company's total customer franchise stood at 92.09 million as of September 30, 2024 and net users on its App platform stood at 61.67 million. "The Bajaj Group's century-old legacy of trust resonates across generations of Indian families. Bajaj Finserv is founded on the business philosophy of the Bajaj Group, which has encouraged people across demographics to choose its FDs," Sachin Sikka, Executive Vice President Deposits, Investments, Rewards and EMI Cards, Bajaj Finance, said. Senior citizens can avail FD rates of up to 8.85 per cent and non-senior citizens can take benefit of rates of up to 8.65 per cent, by booking digitally in the 42 months tenure, Sikka said. Bajaj Finance has seen deposits growing in Punjab and Haryana, where senior citizens constitute nearly two-thirds of i

IFC commits $400 mn to Bajaj Finance to help boost finance, empower women

IFC, a member of the World Bank Group, has committed USD 400 million (about Rs 3,300 crore) to help expand access to finance for customers opting to buy EVs and energy efficient consumer goods as well as support women-owned microenterprises. This USD 400 million support is part of the USD 1 billion fundraising exercise by Bajaj Finance Ltd (BFL). The funding aims to increase competitiveness in the climate finance market, support the country's climate goals, and promote financial inclusion, a joint statement said on Wednesday. IFC's USD 400 million loan will enable BFL to expand access to finance for customers opting to buy EVs, including two-wheelers, three-wheelers and four-wheelers, and strengthen its presence in the energy efficient consumer goods (EECG) space. "Accelerating climate financing is crucial for India to meet its net-zero goals. IFC's investment in Bajaj Finance will boost market competition, inspiring other NBFCs and investors to expand their financing for ...

Bajaj Finance surges over 5% on steady Q2 earnings; profit zooms 13%

Bajaj Finance stock moved northwards in the early morning deals of Wednesday, rising up to 5.22 per cent at Rs 7026.40 per share on the BSE

Bajaj Finance Q2FY25 results: Consolidated net up 13% at Rs 4,014 crore

While NII grows 23%, loan loss provisions up 77%

Bajaj Finance Q2 results: Net profit at Rs 4,041 crore, misses estimates

Consolidated numbers include the non-banking financial company's (NBFC) subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities

Strategies to trade Bajaj Finance, Bajaj Finserv post Bajaj Housing debut

Technical chart flag caution at the Bajaj twin counters owing to formation of a 'Bearish Engulfing' candlestick pattern on the daily scale; check key support, resistance levels here

Bajaj Finance, housing finance cos dip up to 6% post Bajaj Housing listing

LIC Housing Finance, PNB Housing Finance, Can Fin Homes and Bajaj Finance dropped in the range of 4 per cent to 6 per cent

Nomura ups target for Bajaj duo, M&M Fin, says rate cut positive for NBFCs

Regarding the implications of a rate cut for NBFCs, analysts noted that asset composition is more crucial than liability composition.

Bajaj Finance's housing finance arm files RHP for IPO; shares up 3.2%

Bajaj Finance's housing finance arm Bajaj Housing Finance filed its Red Herring Prospectus (RHP) for an up to Rs 7,000-crore IPO

Bajaj Finserv hits 52-week high; Finance soars 4% ahead of mortgage arm IPO

Bajaj Finserv hit a 52-week high of Rs 1,771.50, up 3.3 per cent in intra-day trade amid heavy volumes, rallied 16 per cent in past two weeks

Bajaj Finserv, Bajaj Finance shares gain ahead of mortgage arm IPO

Special shareholder quota for Bajaj Finserv, Bajaj Finance shareholders

These 3 penny stocks would have made you a millionaire in 20 years

Penny stocks under Rs 10: Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks, you would have become a millionaire by now

Bajaj Finance receives show cause notice for Rs 342 cr GST demand

Bajaj Finance on Monday said it has received a show cause notice for a GST demand of Rs 342 crore. In a filing to the BSE, Bajaj Finance said in the show cause notice (SCN) from the Director General of GST Intelligence (DGGI), Kochi Zonal Unit, the authorities have alleged that the fixed amount of upfront interest collected from customers in B2B business should be considered as fee/service charge and accordingly is liable to GST. "The amount of GST demanded vide above referred SCN is Rs 342 crore (excluding interest and penalty) for the period from July 2017 to March 2024," it said. The DGGI has also proposed an equal amount of penalty and interest till the date of payment of the said tax. The company is in the process of filing a reply against the SCN to substantiate its stand. Shares of Bajaj Finance closed at Rs 6610.30, down 0.13 per cent over the previous close on the BSE.

Stock Alert: Here's why Bajaj Finance may underperform markets in near-term

Bajaj Finance share price target: Bajaj Finance, analysts said, may face net interest margin pressure in Q2FY25 which may limit upside in stock price

Stocks to Watch, July 24: HUL, Bajaj Fin, L&T, Dr Reddy's, Vedanta, Axis Bk

Stocks to Watch today, Wednesday, July 24, 2024: HUL reported a 2.2 per cent Y-o-Y rise in consolidated net profit at Rs 2,610 crore for Q1FY25, in line with market expectations