In the week ending January 10, the benchmark Sensex declined by 2.33%. Amid this downturn, five penny stocks experienced a drop of 10% to 25%. Our selection criteria focused on stocks with a market capitalization under Rs 1,000 crore, a share price below Rs 20, and a trading volume exceeding 5 lakh shares. (Data Source: ACE Equity)
RBI puts Bajaj Fin on notice over co-branded cards
The Reserve Bank of India has issued a letter of ‘displeasure’ to Bajaj Finance for failing to identify customer risks in its co-branded credit card