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Veljan Denison Ltd leads gainers in 'B' group
Vedanta Oil and Gas Ltd, Hindustan Composites Ltd, JTEKT India Ltd and SG Finserve Ltd are among the other gainers in the BSE's 'B' group today, 01 July 2026.
Rajiv Bajaj to step down from board of Bajaj Finserve
Accordingly, he has expressed his intention to step down from the Board and has not offered himself for re-election at the ensuing annual general meeting scheduled to be held on Friday, 31 July 2026 (AGM). He will cease to be a Director of the Company upon retirement by rotation at the said AGM.
Ambium Finserve Pvt standalone net profit declines 30.77% in the March 2026 quarter
Sales rise 87.28% to Rs 20.02 crore
Shivansh Finserve reports standalone net loss of Rs 0.04 crore in the March 2026 quarter
Sales reported at Rs 0.04 crore
Dhansafal Finserve standalone net profit rises 163.16% in the March 2026 quarter
Sales rise 97.83% to Rs 3.64 crore
RBI slaps Rs 10.10 lakh penalty on City Union Bank, 2 more entities
The Reserve Bank of India has levied fines on three financial entities. City Union Bank faced a penalty for incorrect loan charges and data reporting. Mintifi Finserve was fined for delayed customer KYC record uploads. Newa Investments was penalized for appointing directors without prior RBI approval. These actions highlight the RBI's commitment to regulatory adherence.
Education finance firm Auxilo scales domestic education loans nationwide
Auxilo Finserve is expanding its domestic loan program, IndiaEd. By facilitating direct fee disbursement to schools and colleges, Auxilo aims to address the rising financial burdens on families and institutions.
SG Finserve surges on strong Q4 earnings; PAT jumps 78% YoY
SG Finserve rallied 7.67% to Rs 499.80 after the company reported a robust performance for Q4 FY26, with standalone net profit rising 78% year-on-year to Rs 42.3 crore in Q4 FY26, compared with Rs 23.8 crore in the same quarter last year.