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Finance - Leasing & Hire Purchase

BANK NIFTY 13,317.10 77.65 (0.59%)
A non-banking financial company (NBFC) is a company registered under the Companies Act, 1956 which is primarily engaged in the business activities like loans and advances, acquisition of shares/stock/bonds/debentures/securities issued by government or local authority or other securities of like marketable nature, leasing, hire-purchase, insurance business. I... more »

UPDATES

May 18 2013, 15:32

Hb Stockhol standalone Mar '13 sales at Rs -1.64 crore

HB Stockholdings has reported a standalone sales turnover of Rs -1.64 crore and a net loss of Rs 5.4...

May 18 2013, 15:31

Glance Fin standalone Mar '13 sales at Rs 4.23 crore

May 16 2013, 16:51

Swastika Invest standalone Mar '13 sales at Rs 3.59 crore

May 16 2013, 16:43

Morgan Ventures standalone Mar '13 sales at Rs 0.10 crore

May 16 2013, 16:04

Alfavision Sec standalone Mar '13 sales at Rs 6.57 crore

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ADVICE

May 17 2013, 20:02

Buy Bajaj Finance; target of Rs 1638: Nirmal Bang

Nirmal Bang is bullish on Bajaj Finance and has recommended buy rating on the stock with a target of Rs 1638 in its May 17, 2013 research report.

May 17 2013, 12:18

Manappuram Finance has support at Rs 14: SP Tulsian

May 17 2013, 10:16

Hold Manappuram Finance: Sukhani

May 16 2013, 17:15

Exit Manappuram Finance, says Parag Doctor

May 15 2013, 16:52

Rajen Shah not upbeat on Muthoot, Manappuram Finance

BUDGET

SECTOR NEWS

REACTIONS

The budget is one part of overall economic policymaking and the budget presented today is a certainly a step forward in the series of initiatives announced by the government in recent months.

Shinjini Kumar

Director | PwC India

It is true that the financial empowerment of women has multiplier effect on the well-being of families and therefore, of the economy. It may also be true that an \'all women\' bank will have significantly greater capacity to fast forward.

George Alexander

MD | Muthoot Fin

Overall the budget is good, though not an excellent one. Increased allocation for social sector as well as food security will benefit the poor in a big way.

K Subramanyam

AVP -Institutional Research | Asit C. Mehta

Farm loans at 4% has been extended to private banks which is negative.

K Subramanyam

AVP -Institutional Research | Asit C. Mehta

Deposits in banks have been showing a falling trend and major power restructuring plans are ahead like re-structuring of SEB short -term loans where banks will play a vital role. No announcement to encourage retail savings in banks was done.

Deepak Parekh

Chairman |  HDFC

The FM presented the Budget under global depressed conditions.

Mukesh Kumar

Head - Strategic Planning | HDFC ERGO General Insurance

Any move to increase insurance penetration is a positive move considering abysmally low penetration levels in the country. The move will also facilitate providing customer with multiple choices by the Banks, which hitherto could sell products for onl

Chanda Kochhar

MD & CEO | ICICI Bank

The fact that that the interest subvention has been extended to private sector banks is a good news because private sector banks have been given a level-playing field vis-a-vis the public sector banks.

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