Bajaj Finance shares nosedive 4% as RBI bars lending via 2 digital products
The RBI has directed Bajaj Finance to stop sanction and disbursal of loans under its two lending products namely, ‘eCOM’ and ‘Insta EMI Card’.
The RBI has directed Bajaj Finance to stop sanction and disbursal of loans under its two lending products namely, ‘eCOM’ and ‘Insta EMI Card’.
The company proposes to offer a discount of up to 5% on the floor price
Bajaj Finance’s assets under management grow 33% or ₹20,167 cr to ₹2,90,264 cr in Q2 FY24; standalone profit surges 26%