Bharat Financial Inclusion

Reports said the whistleblowers warned the practice of “adjusting new loan money with overdues from earlier loans is not checked immediately”, the subsidiary would “eat into financials of the parent”.

IndusInd Bank, Bharat Financial gain over 2% after fixing record date for merger

M R Rao, currently the MD and CEO of Bharat Financial, will become the MD and CEO of IFIL

Bharat Financial Inclusion Q4 profit jumps 50% to Rs 321 cr

The company had registered a net profit of Rs 211 crore in the corresponding period of the previous fiscal, the company said in a BSE filing.

Bharat Financial Inclusion Q3 Net Profit seen up 34.6% YoY to Rs. 218.4 cr: Kotak

Net Interest Income (NII) is expected to increase by 56.2 percent Y-o-Y (down 3.3 percent Q-o-Q) to Rs. 440 crore, according to Kotak.

Bharat Financial Inclusion, CreditAccess Grameen gain 1-3% on direct assignment transactions

Bharat Financial Inclusion assigned a pool of receivables of an aggregate value of Rs 849.36 crore to one of the largest private sector banks on a direct assignment basis.

Bharat Financial completes Rs 2,334.71 cr worth securitisation transactions

In a regulatory filing, the company said it completed the fourth securitisation transaction of Rs 429.88 crore on November 6.

Hold Bharat Financial Inclusion; target of Rs 1439: Centrum

Centrum recommended hold rating on Bharat Financial Inclusion with a target price of Rs 1439 in its research report dated August 10, 2018.

Bharat Financial gets bourses' nod for merger with IndusInd

IndusInd Bank had decided to acquire the BFIL through an all-stock transaction of BFIL into IndusInd through a composite scheme of arrangement.

Hold Bharat Financial Inclusion; target of Rs 1240: Centrum

Centrum Research recommended hold rating on Bharat Financial Inclusion with a target price of Rs 1240 in its research report dated April 27, 2018.

BFIL seeks SEBI nod for merger with IndusInd Bank'

According to a filing with bourses, BFIL said it has received 'no objection certificate' from the Reserve Bank of India (RBI) for the proposed merger.

Bharat Financial Inclusion Q4 PAT seen up 180.5% YoY to Rs. 189.1 cr: Edelweiss

Net Interest Income (NII & OI) is expected to increase by 71.3 percent Y-o-Y (up 14.7 percent Q-o-Q) to Rs. 419.3 crore, according to Edelweiss.

Market Update: Cipla, Lupin jump 5% as CNX Pharma gains 2%; Avenue Supermarts hits new 52-week high, ICICI most active

The market breadth was in favour of the advances with 1432 stocks advancing while 306 declined and 314 remained unchanged. On the other hand, in the BSE, 1997 stocks advanced and 546 declined and 130 remained unchanged.

Market Update: 150 stocks hit new 52-week high on NSE; Delta Corp, Kwality down 16-20%, Airtel top loser

The market breadth was in favour of the declines with 526 stocks advancing while 1207 declined and 293 remained unchanged. On the other hand, in the BSE, 862 stocks advanced and 1751 declined and 186 remained unchanged.

MP inks MoU with Bharat Financial for animal healthcare plan

The MoU was inked in the presence of Animal Husbandry Minister Antar Singh Arya and BFIL CEO and MD Geoff Woolley and other top officials here last evening.

Buy Bharat Financial Inclusion, Kotak Mahindra Bank, Reliance Industries: Chandan Taparia

Chandan Taparia of Motilal Oswal Securities recommends buying Bharat Financial Inclusion, Kotak Mahindra Bank and Reliance Industries.

Hold Bharat Financial Inclusion; target of Rs 1193: Centrum

Centrum Research has recommended hold rating on Bharat Financial Inclusion with a target price of Rs 1193 in its research report dated February 27, 2018.

Sell CG Power, buy Godrej Consumer: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com is of the view that one can sell CG Power and can buy Godrej Consumer.

Sell Ambuja Cements, Bharat Electronics; buy Bharat Financial, Bajaj Auto: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com is of the view that one can sell Ambuja Cements and Bharat Electronics and can buy Bharat Financial Inclusion and Bajaj Auto.

Bharat Financial Q3 profit seen up 10%, disbursement growth may be strong

Disbursement growth is expected to be strong due to pick up in rural economy.

Buy Bharat Financial Inclusion, GAIL India, NMDC, State Bank of India: Prakash Gaba

Prakash Gaba of prakashgaba.com is of the view that one can buy Bharat Financial Inclusion, GAIL India, NMDC and State Bank of India.

Will move out of villages where there is no recovery, says Bharat Financial

Bharat Financial Inclusion has written off Rs 470 crore of nonperforming assets (NPA) this year. CNBC-TV18's Abhishek Kothari caught up with MR Rao, MD & CEO of the company and asked him about how much of this amount they hope to recover.

Bharat Financial net dips 18% to Rs 119 cr

It said cumulative collection efficiency rose to 99.8 percent, while its loans disbursals rose to Rs 12,582 crore between January and October 15, 2017, taking its gross loan portfolio to Rs 10,697 crore.