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Manappuram Finance CEO Deepak Reddy resigns, to step down in December
Shares of Manappuram Finance Ltd ended at ₹328.50, up by ₹6.05, or 1.88%, on the BSE.
L&T Finance Q1 Update: Retail disbursements jump 36%, retail book grows 28%
Shares of L&T Finance Ltd ended at ₹326.95, up by ₹11.75, or 3.73%, on the BSE.
RBI Imposes Rs 66.7 Lakh Penalty On Bank Of Baroda, GIC Housing Finance
The RBI found that the public sector lender had collected interest higher than the contracted rate of interest in certain loan accounts.
M&M Finance gains after Q1 disbursement climbs 21% YoY to Rs 15,560 cr
Mahindra & Mahindra Financial Services added 2.47% to Rs 326 after reporting estimated overall disbursement of Rs 15,560 crore for the quarter ended 30 June 2026, up 21% YoY over 30 June 2025 (excluding finance lease).
Metropolitan Stock Exchange of India (MSE) Selects NTT DATA’s Mumbai Data Center to Power Next-Generation Trading Infrastructure - Yahoo Finance
Metropolitan Stock Exchange of India (MSE) Selects NTT DATA’s Mumbai Data Center to Power Next-Generation Trading InfrastructureYahoo Finance
RBI imposes Rs 66.7 lakh penalty on Bank of Baroda, GIC Housing Finance
The Reserve Bank of India has levied significant penalties on Bank of Baroda and GIC Housing Finance for regulatory breaches. Bank of Baroda faces a Rs 63.6 lakh fine for charging excess interest and delayed KYC record uploads. GIC Housing Finance has been fined Rs 3.1 lakh for failing to conduct timely risk reviews of accounts. These actions highlight the RBI's commitment to enforcing fair lending and customer identification practices.
Top Gainers & Losers on 3 July: Zensar Tech, HFCL, IndusInd Bank, Muthoot Finance, Lupin among top gainers - livemint.com
Top Gainers & Losers on 3 July: Zensar Tech, HFCL, IndusInd Bank, Muthoot Finance, Lupin among top gainerslivemint.com
Muthoot Finance, Manappuram Finance, other stocks rise up to 5% as gold prices hit Rs 1.48 lakh/10 grams
Gold prices surged past Rs 1.48 lakh per 10 grams on Friday, propelling shares of gold financiers like Muthoot Finance and Manappuram Finance up by as much as 5%. This rally was triggered by weaker-than-expected US jobs data, which cooled inflation concerns and reduced expectations of an imminent interest rate hike by the US Federal Reserve.
Bajaj Housing Finance shares jump 6% as JPMorgan upgrades on Q1 update
JPMorgan upgraded Bajaj Housing Finance to 'Neutral' from 'Underweight' and placed the stock on Positive Catalyst Watch. The brokerage retained a price target of ₹85.
Bajaj Housing Finance shares rally 5% as Q1 AUM climbs 24% YoY
Bajaj Housing Finance shares rose sharply on Friday after the company reported a 24% year-on-year rise in assets under management (AUM) to Rs 1.5 lakh crore for Q1FY27. Gross disbursements also surged to Rs 19,500 crore, reflecting strong business momentum and sustained demand in the housing finance segment.
Bajaj Finance shares gain 2% after Q1 business update; AUM rises to Rs 5.46 lakh crore
Bajaj Finance shares rose after the company reported strong Q1 FY27 business growth, driven by higher assets under management, customer additions and loan bookings. The NBFC also continued its steady expansion in deposits, while stable asset quality and healthy profitability reinforced confidence in its long-term growth trajectory.
Stock Picks Today: Avenue Supermarts, HUL, Marico, PNB, Bajaj Finance, Tata Consumer, And More On Brokerages' Radar
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