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India

Bajaj Finance Ltd (BJFN.NS)

BJFN.NS on National Stock Exchange of India

4,867.45INR
3:55pm IST
Change (% chg)

Rs43.55 (+0.90%)
Prev Close
Rs4,823.90
Open
Rs4,865.00
Day's High
Rs4,890.00
Day's Low
Rs4,817.00
Volume
2,876,844
Avg. Vol
5,472,411
52-wk High
Rs4,960.00
52-wk Low
Rs1,783.00

Latest Key Developments (Source: Significant Developments)

Bajaj Finance Says Rahul Bajaj To Demit Office As Chairman
Tuesday, 21 Jul 2020 

July 21 (Reuters) - Bajaj Finance Ltd ::RAHUL BAJAJ DECIDED TO DEMIT OFFICE AS CHAIRMAN.APPROVED APPOINTMENT OF SANJIV BAJAJ AS NON-EXECUTIVE CHAIRMAN.RAHUL BAJAJ DEPARTS AS CHAIRMAN, TO REMAIN NON-EXECUTIVE NON INDEPENDENT DIRECTOR.  Full Article

India's Bajaj Finance June-Quarter PAT Falls
Tuesday, 21 Jul 2020 

July 21 (Reuters) - Bajaj Finance Ltd ::JUNE-QUARTER PAT 8.7 BILLION RUPEES VERSUS PROFIT OF 11.25 BILLION RUPEES.JUNE-QUARTER INTEREST INCOME 51.01 BILLION RUPEES VERSUS 46.42 BILLION RUPEES.CO'S BUSINESS OPERATIONS IN Q1 FY21 WERE "CONSIDERABLY IMPACTED" DUE TO COVID-19 PANDEMIC.CONSOL AUM AS OF 30 JUNE 2020 GREW BY 7% TO 1.38 TRLN RUPEES.COVID-19 PANDEMIC RESULTED IN SIGNIFICANTLY LOWER BUSINESS ACQUISITION & CONSTRAINTS ON RECOVERY OF OVERDUES FROM CUSTOMERS IN QUARTER.MADE ADDITIONAL COVID-19 PROVISION OF 14.5 BILLION RUPEES TAKING TOTAL TO 23.5 BILLION RUPEES AS OF JUNE 30, ON CONSOL BASIS.CONSOL QTRLY GROSS NPA AND NET NPA AT 1.40% AND 0.50%, RESPECTIVELY.  Full Article

India's Bajaj Finance March-Qtr PAT Falls
Tuesday, 19 May 2020 

May 19 (Reuters) - Bajaj Finance Ltd ::MARCH QUARTER PROFIT AFTER TAX 8.92 BILLION RUPEES VERSUS PROFIT OF 11.14 BILLION RUPEES YEAR AGO.MARCH QUARTER INTEREST INCOME 56.16 BILLION RUPEES VERSUS 42.73 BILLION RUPEES YEAR AGO.CONSOL ASSETS UNDER MANAGEMENT GREW BY 27% TO 1.47 TRLN RUPEES AS OF MARCH 31, 2020.GROSS NPA AS OF MARCH 31, 2020 STOOD AT 1.61%, NET NPA AT 0.65%.ADJUSTED FOR IMPACT OF LOCKDOWN, AUM GROWTH WOULD HAVE BEEN 31% IN QUARTER.  Full Article

Bajaj Finance Declares Interim Dividend Of 10 Rupees Per Equity Share
Friday, 21 Feb 2020 

Feb 21 (Reuters) - Bajaj Finance Ltd ::BAJAJ FINANCE LTD SAYS DECLARED INTERIM DIVIDEND OF 10 RUPEES PER EQUITY SHARE.  Full Article

Bajaj Finance Declared An Interim Dividend Of 10 Rupees Per Share
Friday, 21 Feb 2020 

Feb 21 (Reuters) - Bajaj Finance Ltd ::DECLARED AN INTERIM DIVIDEND OF 10 RUPEES PER SHARE.  Full Article

RBL Bank Says Obtaining Regulatory Approvals Not Feasible Within Timeline For Proposed Investment By Bajaj Finance
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - RBL Bank Ltd ::RBL BANK LTD - APPROVED ALLOCATION OF 57.7 MILLION SHARES AT AN ISSUE PRICE OF 351 RUPEES PER SHARE.RBL BANK LTD - OBTAINING REGULATORY APPROVALS DID NOT APPEAR FEASIBLE WITHIN TIMELINE FOR PROPOSED INVESTMENT BY BAJAJ FINANCE.  Full Article

Bajaj Finance Says Current Exposure To Karvy Is 3.12 Bln Rupees As At Dec 2
Tuesday, 3 Dec 2019 

Dec 3 (Reuters) - Bajaj Finance Ltd ::CURRENT EXPOSURE TO KARVY STOCKBROKING LIMITED (KSBL) AS AT 2 DECEMBER 2019 IS ABOUT 3.12 BILLION RUPEES.FILED APPEAL BEFORE SECURITIES APPELLATE TRIBUNAL AGAINST ACTION TAKEN BY NSDL FOR RELEASE OF VALID PLEDGE CREATED BY KARVY.TRIBUNAL DIRECTED THAT ANY TRANSFER OF REMAINING SECURITIES FROM DP ACCOUNT OF KSBL SHALL REMAIN SUSPENDED.SAT DIRECTED SEBI TO GRANT PERSONAL HEARING TO CO ON BASIS OF REPRESENTATION MADE EARLIER.ISSUE DOES NOT IMPACT REST OF CO'S LOAN AGAINST SECURITIES BUSINESS.  Full Article

India's Bajaj Finance June-Qtr PAT Rises
Thursday, 25 Jul 2019 

July 25 (Reuters) - Bajaj Finance Ltd ::JUNE QUARTER PROFIT AFTER TAX 11.25 BILLION RUPEES VERSUS PROFIT OF 8.34 BILLION RUPEES LAST YEAR.JUNE QUARTER TOTAL REVENUE FROM OPERATIONS 52.98 BILLION RUPEES VERSUS 37.90 BILLION RUPEES LAST YEAR.ASSETS UNDER MANAGEMENT AS OF 30 JUNE, 2019 GREW BY 41% TO 1.29 TRLN RUPEES.LOAN LOSSES AND PROVISIONS FOR Q1 FY20 WAS UP BY 69%.PROVISIONING COVERAGE RATIO AS OF 30 JUNE 2019 WAS 61%.SAYS END-JUNE GROSS NPA 1.60% VERSUS 1.54% AT END-MARCH, NET NPA 0.64% VERSUS 0.63% AT END-MARCH.  Full Article

Bajaj Finance's Q1 New Loans, Assets Under Management Rise
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Bajaj Finance Ltd ::Q1 NEW LOANS BOOKED 7.3 MM VERSUS 5.6 MM LAST YEAR.ASSETS UNDER MANAGEMENT STOOD AT ABOUT 1.29 TRLN RUPEES AS OF JUNE 30, 2019 COMPARED TO 912.87 BILLION RUPEES AS OF JUNE 30, 2018.  Full Article

India's Bajaj Finance March-Qtr Profit Rises
Thursday, 16 May 2019 

May 16 (Reuters) - Bajaj Finance Ltd ::MARCH QUARTER PROFIT AFTER TAX 11.14 BILLION RUPEES VERSUS PROFIT OF 7.43 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 10.67 BILLION RUPEES.MARCH QUARTER TOTAL REVENUE FROM OPERATIONS 48.87 BILLION RUPEES VERSUS 34.21 BILLION RUPEES LAST YEAR.AUM AS OF MARCH 31, 2019 ROSE 41 PERCENT TO 1.16 TRLN RUPEES.RECOMMENDED DIVIDEND OF 6 RUPEES PER SHARE.  Full Article