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

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

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

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

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

According to Icra's vice president and head (financial sector ratings) Manushree Saggar, the tepidness in infrastructure credit in first half of 2020-21 was primarily due to the sequential degrowth (10 per cent) in banking sector credit to the infrastructure segment

 In terms of YTD, Nifty Pharma topped the rank among other sectors, growing 60%, followed by an almost 55% rise in the Nifty IT index. Nifty metal grew by 16%, while Nifty FMCG was up 15% since the start of the year 2020

ICRA expects net non-performing assets (NNPAs) of the banks declining to 2.5 per cent by March 2022 from estimated 3.1 per cent as of March 2021 and 3 per cent for March 2020

The IT share hit an all-time high of Rs 110.25, climbing 19.97% over previous closing price of Rs 91.90 on BSE

Rajeev Jain focussed on product creation in retail and SME lending at Bajaj Finance, while engaging more with customers using data analytics

The 70-year-old Aditya Puri, who spent over two-and-a-half decades as CEO & MD, banked on risk mitigation, technology and retail/rural outreach to create India's second-largest bank from scratch

Infosys has given outstanding returns to long terms investors, offering a robust price compound annual growth rate (CAGR) of 30 per cent to emerge as the fastest wealth creator between 1995 and 2020

Bad banks as a concept works efficiently when the domestic debt market is deep and the number of market participants is wide enough to allow sufficient price-discovery and market-making