Motilal Oswal gets Sebi bod to set up MF biz

Brokerage firm Motilal Oswal Financial Services on Monday said it has received the final approval from the Securities and Exchange Board of India to set up mutual fund business in the country. The......

Bajaj now third most valued finance group; overtakes SBI

India’s financial sector is dominated by large government-owned and private-sector banks. Photograph: Kind courtesy Bajaj Housing Finance Major players like State Bank of India (SBI), HDFC......

Bajaj Finance sinks 8% amid rising NIM pressure

Investors shunned shares of Bajaj Finance on Friday, a day after the non-banking financial company (NBFC) reported a sharp contraction in its net interest margin (NIM) for the March quarter of the......

Axis Bank re-rating to continue on steady NIMs, cheap valuation: Analysts

Re-rating of Axis Bank's stock may continue in the near-future, believe analysts, as the risk-reward on the stock remains favourable amid healthy financials. Photograph: Danish Siddiqui/Reuters......