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Manappuram: Manappuram tanks on Sebi hold on Arm s IPO

The Securities and Exchange Board of India said in a report published on January 5, it had put Asirvad s issue Under Abeyance . Manappuram owns a 97.6% stake in Asirvad Microfinance which had filed a prospectus to raise ₹1,500 crore in October, 2023. The IPO would have unlocked value in the subsidiary, said analysts.

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Bajaj Finance set for a sturdy quarter despite RBI directive

If RBI restrictions to stop the sanction and disbursal of loans under its two lending products – eCOM and Insta EMI Card – are in place for a longer period of time, it may dampen investor sentiment.

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credit cards: Number of credit cards up but spending down? Shweta Daptardar explains what it means

Shweta Daptardar says: “ Across the credit card industry, be it SBI Cards, HDFC and other top players, while month-on-month there has been a decline in spends post the festive month. The year-on-year growth has been phenomenally strong across key players. However, as far as cards outstanding is concerned, most of the players have maintained their market share."

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Housing loans surge 37% in H1FY24 at ₹5 4 lakh crore - The Hindu BusinessLine

Housing loans surge 37% in H1FY24 at ₹5 4 lakh crore - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Bajaj Finance has wind in its sails

It is worth mentioning that the steady performance is even before the festive season has brought its cheer. As such, there are tailwinds for customer additions with consumers potentially making purchases during the festivals.

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