Issue dates: September 09-11, 2024Issue price: Rs 66-70Issue size: Upto Rs 6,560 croreImplied market cap: Upto Rs 58,297 croreFace value: Rs 10Lot size: 214 sharesRetail portion: 35% Bajaj Housing Finance (BHFL), the country’s second largest mortgage lender after LIC Housing Finance, plans to raise Rs 3,560 crore through fresh issue of shares to augment the … Read more
State-run and private sector banks may face modest earnings growth in the fiscal first quarter squeezed by pressures on net interest margin (NIM) mainly due to higher deposit costs. While compressed NIM can hurt profitability, this will be partially offset by loan growth outpacing deposit growth, and robust treasury earnings helped by lower bond yields … Read more
Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank, says last financial year the bank had opened 300 branches and for that recruited 2,000 people. That cost is showing in the book but they had not given the full business of last year. Their business will be forwarded to this financial year and next and onward. … Read more
