Bajaj Finance is seen reporting a 26.3% YoY growth in net profit for the quarter to Rs 3,756 crore, the average of estimates given by eight brokerage firms showed. Kotak Institutional Equities expects the cost-to-average AUM ratio to remain moderate at 4.3% in Q3 FY24 versus 4.3% in Q2 and 4.6% in Q3 a year ago. We pen down credit costs of 1.5% for Q3, similar to the past three quarters.
Sebi orders four online bond platforms to cease operations
These entities include AI Growth and Texterity – owner and operator of altGraaf, Purple Petal Invest, which owns Tap Invest, and Berkelium Technologies, which operates