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The Patna High Court has granted pre-arrest bail to Shankar Kumar, an agent of Sahara Credit Co-operative Society Limited who is accused of not re-paying the matured amount of the depositors including...
While the entire sector stands to benefit, foreign broking firm Nomura thinks this is a big positive for Bajaj Finance and its housing finance subsidiary Bajaj Housing Finance Ltd, from a ‘liability-garnering and finer-pricing perspective’
Credit costs for unsecured loans could make up between 60% to 70% of the total provisions for large private sector banks in fiscal 2025 after a strong 26% growth in this segment the last five years. Unsecured loans contribute about 6% of overall system (incl. NBFCs), and contribute 11% for the banking system up from 8% in fiscal 2019.
Daltonganj: Around 10 Maoist ultras torched six vehicles that were being used in the construction of a road at a junction between Chhaterpur and Hussa.
Bajaj Finance's plans to further expand its product lines, including micro finance, new car and tractor and gold loan financing, will provide support to its growth aspirations, says Namura which initiated coverage on the stock with 'buy' call