Anil Gupta, Sr VP & Co-Group Head-Financial Sector Ratings, ICRA, in conversation with ET Now on RBI proposal for tighter project finance rules. Gupta says “given the market reaction, there could be a case where maybe more clarification will emerge as to whether 5% provision requirement is on the entire under-construction portfolio of the lenders … Read more
Mumbai: Shares of Bajaj Finance plunged 7% on Thursday after the company reported moderation in the loan growth in the December 2022 quarter. The finance company’s assets under management grew 27% in the December quarter from the same period a year ago. Analysts said the growth was lower-than-expected given that the October-December period was a … Read more
“This is a year in which if you look at the recent automobile sales they have been strong and they are likely to get stronger going into 2023 which is another positive for M&M Finance,” says Chakri Lokapriya, CIO & MD, TCG AMC. Just wondering what to do with Bajaj Finance, their quarterly update is … Read more