Bajaj Finance reported a 23% yearly increase in consolidated net profit to ₹4,948 crore for the July-September quarter, driven by a 22% rise in net interest income and a 26% surge in new loans booked. The NBFC’s assets under management grew 24% to ₹4.6 lakh crore, with a mild deterioration in asset quality to 1.2%.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK