Bajaj Finance Limited, one of India’s leading and diversified Non-Banking Financial Company, and part of Bajaj Finserv, today said its Fixed Deposits book had crossed a milestone of Rs. 50,000 crore.
Bajaj Finance has half a million depositors, with each depositor having placed 2.87 deposits, totalling 1.4 million deposits.
Bajaj Finance has the highest credit rating of AAA/Stable for its long-term debt programme from CRISIL, ICRA, CARE and India Ratings, A1+ for its short-te...
Bajaj Finance Fixed Deposits cross Rs 50,000 crore
Non-banking finance company Bajaj Finance Ltd on Wednesday said it has logged Rs 2,959.06 crore net profit for the first quarter of FY24.
In a regulatory filing, the company said for the period under review it had earned a total income of Rs10,665.69 crore (Q1FY23 Rs 8,146.52 crore) and a net profit of Rs 2,959.06 crore (Rs 2,355.92 crore).
On a consolidated basis the company has logged a net profit of Rs 3,436.89 crore (Rs 2,596.25 crore).
According to Bajaj Finance, the assets unde...
Bajaj Finance logs standalone PAT Rs 2,959 cr for Q1
The two Indian stock exchanges continued their uptrend on Thursday to touch new peaks.
The Sensex of the BSE after opening at a subdued note at 67,074.34, flared up to touch a new all time height 67,385.52 points.
At the BSE, the shares of Maruti Suzuki, ITC, Sun Pharmaceuticals, Kotak Bank, Reliance Industries, Tata Steel, IndusInd Bank and others saw an uptrend, while NTPC, Nestle, Axis Bank, Wipro, Bajaj Finance and others were on the down trend.
Similarly, the Nifty of the NSE to...
Sensex, Nifty scale new heights
