Bajaj Housing Finance reported that its gross non-performing assets (GNPA) of 0.29% for the quarter ended March 2025, marginally higher than 0.27% in the December quarter.
SBI Mutual Fund, with an AUM of Rs 10.67 lakh crore, tweaked its portfolio in March by increasing stakes in 350 stocks, reducing them in 169, and adding 26 new funds. The fund remains a significant player in the mutual fund market.
ICICI Bank’s asset quality improved in the March 2025 quarter, with the gross non-performing asset (NPA) ratio declining to 1.67 percent, compared to 1.96 percent in the December 2024 quarter and 2.16 percent a year ago.
Asset quality showed mixed trends. The gross non-performing asset (NPA) ratio improved to 1.33 percent as of March 31, 2025, down from 1.42 percent at the end of December 2024, but higher than 1.24 percent a year ago.
On the asset quality front, YES Bank reported gross non-performing assets (NPAs) of Rs 3,935.6 crore, with the gross NPA ratio improving to 1.6% from 1.7% a year earlier.
HDFC Bank's Q4 results are anticipated to show a 7% YoY growth in Profit After Tax (PAT) and a potential 9% rise in Net Interest Income (NII), according to estimates by leading brokerages. The private lender's asset quality and credit costs are also expected to improve.
Jio Financial records a 2% annual profit increase to Rs 316 crore, with an 18% revenue growth, and declares a dividend of Rs 0.5 per share.
Paytm founder and CEO Vijay Shekhar Sharma voluntarily relinquished 2.1 crore ESOPs granted to him under the One97 Employees Stock Option Scheme, 2019.
In a regulatory filing, the lender confirmed that the financial implications of this derivatives issue will be reflected in its FY25 financial statements.
SEBI has also prohibited both Anmol and Puneet Singh Jaggi from serving as directors or key managerial personnel at Gensol during the period of the restriction.
Godrej Industries' Chemicals Business has acquired Savannah Surfactants' Food Additives Business to expand its global offerings in the Food & Beverages Industry. Located in Goa, Savannah boasts a manufacturing capacity of 5,200 MTPA. The acquisition aligns with Godrej's strategy for sustainable growth.
Vedanta Limited has been fined Rs 71.16 crore by Odisha State Pollution Control Board for alleged unauthorised fly ash disposal.
As per news reports, the review, commissioned after the bank uncovered discrepancies in the booking of forex derivative transactions, focuses strictly on accounting aspects.
DIPAM noted that in the fiscal year 2025, Central Public Sector Enterprises (CPSEs) reported a historic dividend payout of Rs 1.5 trillion, leading to the government receiving Rs 74,016 crore in dividends.
Data from ACE Equity shows Bajaj Finance is the top performer in finance and banking space with a robust 29% YTD return till April 8, 2025
Data from ACE Equity reveals that both the BSE Sensex and BSE500 fell by 6% during the first five trading sessions of April. Meanwhile, select companies from the BSE500 index witnessed stock price declines of up to 41%
IndusInd Bank's Q4 report shows a 5.2% drop in loan growth while deposit expansion remains flat, following an accounting issue in its derivatives portfolio
The Nifty Auto Index has experienced a significant decline of almost 28% since reaching its peak in September 2024. The reasons for this downturn are evident, including concerns about US tariffs, a decrease in automobile demand, and a wider market correction.
On Wednesday, Bajaj Finance Ltd stock experienced a 2.3% increase, reaching a 52-week high of Rs 8,879 per share on the NSE.
Among the Adani Group's listed companies, Adani Enterprises, the flagship company, witnessed a 40% decline in its stock price, currently trading at Rs 2,252 from a high of Rs 3,743 in June 2024 (as of March 18, 2025).
Hinduja emphasized that this is an opportune moment for the promoters to bolster the bank's capital base, especially in light of the recent decrease in the bank's share value following the revelation of discrepancies in the derivative portfolio last week.