Bajaj Finance Q3 results: During the quarter, the company writes-off Rs 2,335 crore loans under moratorium on account of COVID-19 related stress, which includes principal outstanding of Rs 1,970 crore and interest outstanding of Rs 365 crore

Bajaj Finance share was trading 1.09% or Rs 54.15 higher at Rs 5,015 against previous close of Rs 4,959.15 on BSE

The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system

IRFC IPO received bids for 80,89,30,700 shares against 1,24,75,05,993 shares on offer, as per data available with the NSE

The pandemic-led crisis has accelerated an overdue transition to digitalisation in business processes and enhanced efforts to address slow-burning issues such as liquidity management, cash, diversification, and capital

L&T Finance stock is trading higher than 20, 50, 100 and 200-day moving averages but lower than 5-day moving averages

Ahead of the IPO, IRFC had raised Rs 1,398.63 crores from 31 anchor investors. IRFC is issuing shares at a price band of Rs 25 to Rs 26

Bank credit grew 3.2 per cent to Rs 107.05 lakh crore in the first nine months of the current financial year, against a growth of 2.7 per cent registered in the corresponding period of 2019-20

The digital innovation India has made so far is here to stay. It needs adoption into commercial application to deepen the financial inclusion net

The BharatPe-Centrum combine is one of the four bidders that have made submissions to the Reserve Bank of India for acquiring PMC Bank. The other bidders include UK's Liberty Group and two independent business houses

Reserve Bank of India Governor Shaktikanta Das said that it was imperative to identify the root causes of stress rather than addressing the symptoms

BharatPe and Centrum Group are among four groups that have made the submissions to the Reserve Bank of India (RBI) for the acquisition of PMC Bank

A pick-up in luxury real estate has been the silver lining from the pandemic crisis, and with almost everyone banking on a sharp V-shaped recovery with the arrival of the COVID-19 vaccination, 2021 is poised to be a strong one, for high-value home transactions

Three NBFCs whose registrations were cancelled are UP-based Abhinav Hire Purchase, Gurugram-based Jupiter Management Services and Assam-based NE Leasing and Finance

SBI informed the Delhi High Court that during audit, misappropriation, diversion and siphoning of funds came to light, after which they have classified the accounts as fraud

Cyber security is becoming big business. Here's why

How the FM can make it a 'never before' Budget. Top experts weigh in

First coronavirus vaccine shots likely on January 13: Health Ministry Union Health Ministry announced on Tuesday that coronavirus vaccines will be rolled out within 10 days of granting emergency use approval based on the feedback of dry-run across the country. The announcement by the ministry comes just days after the DCGI (Drugs Controller General of India) approved Oxford-AstraZeneca COVID-19 vaccine, Covishield, domestically manufactured by the Serum Institute of India and Bharat Biotech...

Stocks to watch today on January 6: HDFC, HDFC Bank, RIL, Bajaj Finance, Hero MotoCorp, Godrej Consumer among others are the top stocks to watch out for in Wednesday's trading session

Bajaj Finance failed to ensure that its recovery agents did not resort to harassment or intimidation of customers as part of its debt collection efforts, said RBI