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Bajaj Finance shares post its biggest intraday gain in 3 years, stock jumps over 7%
Bajaj Finance share price jumped over 7% in trade today and posted its biggest single day gain today in 3 years after the RBI (Reserve Bank of India) lifted restrictions imposed on eCOM and online digital insta EMI card of the finance company.
RBI cancels Certificate of Registration of lender Acemoney (India)
The Reserve Bank of India (RBI) today has cancelled the Certificate of Registration of Non-Banking Financial Institution (NBFI) Acemoney (India) Limited amid irregular lending practices, the central bank said via a release today.
Kotak Mahindra Bank Share Price: Jefferies turns cautious post RBI action, slashes target price for the stock
Brokerage firm Jefferies turns cautious on Kotak Mahindra Bank stock, cuts its share price target to Rs 1,970 from Rs 2,050 post the RBI action.
Stocks In Focus: Kotak Mahindra Bank shares likely to open lower amid RBI’s ban on issuing new credit cards, onboarding customers online
Kotak Mahindra Bank’s share price is likely to take a hit tomorrow according to experts after the RBI announcement barring the bank to onboard any new customers through its digital channels and also issuing any fresh credit cards.
JM Financial share price falls over 15% after RBI asks subsidiary to stop financing against shares
Shares of JM Financial slipped over 15% in trade on Wednesday after the Reserve Bank of India barred the company from financing against shares and debentures. This comes a day after RBI issued strict directives to IIFL Finance on Monday.
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