Financial services company Bajaj Finserv on Wednesday reported a growth of 3 per cent in its consolidated net profit at Rs 535 crore in the quarter ended March 31 as against Rs 518 crore in the year-ago period.
Bajaj Finserv has rallied 8% to Rs 2,245, also its 52-week high on the BSE in intra-day trade, on reports that the company is likely to buy out its German partner Allianz SE’s stakes in two insurance units—Bajaj Allianz Life Insurance Co.
Bajaj Finserv posted consolidated net profit of Rs 517.95 crore for the fourth quarter ended March 31, 2016 compared to Rs 707.12 crore in the corresponding quarter a year ago.
Bajaj Finserv, the holding company which represents the Bajaj Group's interests in the financial services space, reported a 46 per cent growth in consolidated profit after tax at Rs 467 crore for the quarter ended June 30, led by healthy performance shown
Bajaj Finserv on Wednesday posted a flat consolidated profit after tax at Rs 707.12 crore for the March quarter, due to a fall in the life insurance unit’s profits. It had posted a profit of Rs 707.63 crore in the year-ago period.
The long-awaited nod to the Insurance Bill, which among other things permits higher foreign stake in domestic insurance players, is certainly a big long-term positive for the industry as it can lead to increased technical know-how from the foreign players
Bajaj Finserv, the holding company that represents Bajaj Group’s interests in the financial services space, posted a 23 per cent growth in consolidated net profit at Rs 347 crore for the December 2014 quarter, driven by growth in Bajaj Finance and
Shares of non banking finance companies (NBFCs) are trading in the range of 1-3% after the Reserve Bank of India (RBI) has come up with new regulatory framework for NBFCs.
Non-banking financial services player Bajaj Finance, which is gearing to launch a dedicated housing finance subsidiary next fiscal, aims to disburse up to Rs 2,000 crore in home loans to the affluent class in FY16, a top official said.
Bajaj Finance Ltd (BFL) reported another quarter of a strong performance with a 22% growth in the operating profit and a 20.3% growth in the net profit in Q1FY2015. This was despite making an accelerated provision of Rs10 crore and advertisement expenses
Bajaj Finserv on Wednesday said its consolidated profit after tax for the quarter ended June stood at Rs 319 crore, a rise of 14 per cent compared to the corresponding period last year.
Bajaj Finserv, the holding company that represents Bajaj Group's interests in the financial services space through its subsidiaries, today said its consolidated profit after tax for the quarter ended June 30, 2014 increased by 14% from a year earlier to
Bajaj Finserv Ltd’s consolidated net profit fell by 29 per cent to Rs 707 crore for fourth quarter ended March 2014 as its life insurance arm was hit by slowdown in the sector.
Sanjiv Bajaj, managing director of Bajaj Finserv, says there is a need for new "hungry guys" to come in to cater to the needs of so many unbanked people. He speaks to Clifford Alvares on his banking strategy.
Rajiv BajajBajaj Finserv and its 62 per cent subsidiary, Bajaj Finance, reported a good set of numbers for the quarter ended September 30. And, although growth rates have moderated, given the weak macro environment, the outlook for the two companies
Financial services company Bajaj Finserv has reported a 28 per cent increase in net profit at Rs 277 crore for the July-September quarter, led by growth in its lending and general insurance businesses.
