Latest news with #BajajFinserv
Fashion Value Chain
4 hours ago
- Business
- Fashion Value Chain
Bajaj Finserv Celebrates Dealer Success with Rakul Preet Singh
On 17th June 2025, five Bajaj Finserv partner store dealers met Rakul Preet Singh. But the excitement doesn't end here. Now, you have a chance to meet cricketing idol KL Rahul through Bajaj Finserv's latest campaign. Mumbai witnessed an exciting event on 17th June 2025, when five top-performing Bajaj Finserv partner store dealers were rewarded with an exclusive in-person meet-and-greet with Bollywood actress Rakul Preet Singh. Held at the JW Marriott in Juhu, this gathering was part of Bajaj Finserv's highly successful Blockbuster EMI Days campaign, an initiative that made premium home appliances more affordable and shopping experiences more rewarding for both customers and partner stores. The top five winners were Nandilath Gmart, Vasanth and Co., Deepak Telecom, Keshri Collection, and Vishal Mobile. Know more. Bajaj Finserv Celebrates Dealer Success with Rakul Preet Singh The Blockbuster EMI Days campaign: Making big purchases easy and fun Running from 10th April to 30th May 2025, the Blockbuster EMI Days campaign focused on transforming the way consumers buy big-value items like home appliances and gadgets. Bajaj Finserv combined attractive offers-up to 55% off on top brands and Easy EMI options-with engaging promotions featuring cricket star Suresh Raina and actress Rakul Preet Singh. To ensure the message reached customers nationwide, personalised videos were created in seven local languages. An integral part of the campaign was the BFL Summer Store Decor contest, also known as Apna Store Sajao, which encouraged partner stores across cities and towns to creatively decorate their stores with branded collaterals. The contest participants had an e-meet with Rakul Preet Singh and Suresh Raina. And 5 lucky winners earned the opportunity to meet Rakul Preet Singh in person. Introducing #KLRahulSeMilo Challenge: Your Chance to Meet KL Rahul For those who missed out on meeting Rakul Preet Singh, Bajaj Finserv's ongoing campaign is exclusively for the customers. The #KLRahulSeMilo Challenge, on from 30th May to 30th June 2025, offers an opportunity for you to win an exclusive meet-and-greet session with Indian cricketing icon KL Rahul. Dealer Success Team with Rakul Preet Singh How to participate in #KLRahulSeMilo Challenge Earn points for every activity completed Engage: Use the Insta EMI Card, shop via Hamara Mall, or pay bills using BBPS. Explore: Apply for loans, top-ups, or pocket insurance. Update: Download the latest app version, activate Bajaj Prime, or check your credit score. Share: Interact with the campaign on social media using #KLRahulSeMilo. Submit your proof of participation here: Benefits of participating Stand a chance to personally meet KL Rahul – a rare and exciting experience for cricket fans. Enjoy the convenience and benefits of Bajaj Finserv's financial products while accumulating points. Stay updated on exclusive offers, deals, and personalised services through the app and social media. Winners receive direct communication via WhatsApp, SMS, email, or phone call, with the final list announced on Bajaj Finserv's Instagram handle. â Bajaj Finserv: Where finance meets entertainment By blending celebrity-driven engagement with practical finance solutions, Bajaj Finserv continues to redefine customer experiences. Whether you're a dealer or a customer, the company's campaigns aim to reward loyalty, inspire excitement, and make financial services more enjoyable. Bajaj Finserv continues to build lasting relationships with customers and partners by blending entertainment and practical financial solutions. The Blockbuster EMI Days and #KLRahulSeMilo campaigns demonstrate Bajaj Finserv's commitment to listening to customer needs and rewarding partners who contribute to spreading the message. Bajaj Finance Limited Bajaj Finance Ltd. ('BFL', 'Bajaj Finance', or 'the Company'), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings. To know more, visit
News18
10 hours ago
- Business
- News18
Why Is Indian Stock Market Rising? Sensex Surges Over 800 Points, Nifty Reclaims 25,000
Last Updated: Sensex and Nifty 50 posted strong intraday gains on Friday, June 20, defying escalating tensions between Israel and Iran Why Is Market Rising Today? Indian stock market benchmarks Sensex and Nifty 50 posted strong intraday gains on Friday, June 20, defying escalating tensions between Israel and Iran. The Sensex opened slightly lower at 81,354.85 compared to its previous close of 81,361.87 but surged over 800 points, or 1%, to touch an intraday high of 82,186.37. Similarly, the Nifty 50 began at 24,787.65 and climbed 1% to hit an intraday peak of 25,040.45 from its previous close of 24,793.25. Among the top gainers on the Sensex were Bajaj Finserv, Mahindra & Mahindra, UltraTech Cement, SBI, Eternal, Maruti Suzuki, and Axis Bank, all rising up to 1.5%. However, IndusInd Bank, Bajaj Finance, Tech Mahindra, and Titan opened in negative territory. In contrast, Asian markets opened on a subdued note following reports of Israel bombing Iranian nuclear facilities, which prompted retaliatory missile and drone attacks from Iran. Meanwhile, the White House stated that President Donald Trump would decide within two weeks whether the US would provide military support to Israel. Investor sentiment remained upbeat in Indian markets, reflected in the rise in overall market capitalisation of BSE-listed companies, which grew by nearly Rs 3 lakh crore to reach Rs 446 lakh crore, up from Rs 443 lakh crore in the previous session. Following three sessions of subdued trade, Indian equities are bouncing back as investors take advantage of attractive stock valuations. Experts believe the underlying economic fundamentals remain strong, prompting renewed buying interest and short covering in key sectors. A sharp decline in crude oil prices has provided a tailwind to the market. Brent crude slipped over 2% to near $77 per barrel, easing inflationary and fiscal concerns. Despite escalating Middle East tensions, the fall is attributed to profit booking and uncertainty surrounding potential US intervention in the Israel-Iran conflict. White House Press Secretary Karoline Leavitt confirmed that President Donald Trump is expected to make a decision on US involvement within two weeks, keeping geopolitical anxiety high but market reaction measured for now. Analysts say oil remaining below $80 per barrel is a positive sign for Indian equities. FPIs Resume Buying Foreign portfolio investors (FPIs) have been buying Indian equities for the last three consecutive sessions amid a decline in the dollar index. On June 19, FPIs bought Indian equities worth ₹934.62 crore in the cash segment. As the Indian economy's macro outlook remains strong, experts believe foreign investors could be eying fairly valued segments of the stock market after the recent fall. What Should Investors Do? 'Nifty, which has been trading within the 24500-25000 range for about a month now, is likely to remain within this range in the near term. The upper side of the range will be broken only on news of de-escalation of the Israel-Iran conflict or an abrupt end to the war. The lower side of the range is unlikely to break since big buying, particularly by domestic institutions, will emerge on dips. If the war lingers and crude rises beyond $85, the lower band of the range will be broken," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments.
Mint
10 hours ago
- Business
- Mint
THESE 6 NBFCs offer up to 9.10% interest on fixed deposits — check the list
At the time of opening a fixed deposit with an NBFC (Non-Banking Financial Corporation), it is advisable for depositors to compare the interest rates offered by different institutions. Typically, NBFCs offer slightly higher interest rates on their term deposits than what the banks offer. An FD can be opened by a resident Indian citizen, NRI, HUF, public or private firm, company or other entities like association of persons. Here we give a lowdown on FD interest rates offered by the NBFCs I. ICICI Home Finance: This NBFC offers 7.65 percent (yearly income plan) on 39-month and 45-month tenure deposits. These rates came into force on May 19, 2025. Early withdrawal: In case of an emergency, one can withdraw the deposit prematurely but only after paying a minimal fee. However, there is no premature withdrawal allowed in the first 3 months of deposit. The minimum deposit amount for opening an FD could be ₹ 10,000 (annual/cumulative income plan), ₹ 20,000 (quarterly income plan) and ₹ 40,000 (monthly income plan). II. Bajaj Finserv: Bajaj Finserv offers interest up to 7.30 percent per annum to senior citizens and 6.95 percent to regular citizens on tenure between 12-60 months. The deposit amount should be more than ₹ 15,000. III. Muthoot Capital: FD with Muthoot Capital offers interest of 7.90 percent on 12-month deposit, 8.70 percent on 24-month deposit, 9.10 percent on 36-month deposit, 8.90 percent on 48-month deposit and 8.90 percent on 60-month deposit (annual scheme). NBFC Interest (%) Tenure (months) ICICI Home Finance 7.65 percent 39,45 Bajaj Finserv 7.30 percent* 12-60 Muthoot Capital 9.10 percent 36 Shriram Finance 8.90 percent* 36, 50, 60 Sundaram Finance 8 percent* 24, 36 PNB Housing Finance 7.5 percent 60 (Source: Company websites; *For senior citizens) IV. Shriram Finance: Shriram finance offers maximum interest of 8.40 percent to depositors. Women depositors are offered an extra 10 basis points and senior citizens are given an extra 50 basis points. So, overall depositors can earn up to 9 percent per annum. V. Sundaram Finance: Sundaram Finance offers up to 8 percent to senior citizens and 7.50 percent to regular citizens on fixed deposits on tenure of 24 and 36 months. These rates came into force on May 1, 2025. On a tenure of 12 months, the NBFC offers 7.20 percent and 7.70 percent to regular and senior citizens, respectively. The minimum deposit is ₹ 10,000. VI. PNB Housing Finance: This institution offers up to 7.50 percent per annum on a 60-month fixed deposit. For all personal finance updates, visit here
Economic Times
12 hours ago
- Business
- Economic Times
Sensex gains over 250 pts, Nifty above 24,850 as bank, auto stocks lead rally
Indian equity benchmarks opened higher on Friday, supported by gains in banking and auto stocks, even as rising tensions between Israel and Iran continued to weigh on global investor sentiment. ADVERTISEMENT At 9:19 am, the BSE Sensex was up 274 points, or 0.34%, at 81,635, while the Nifty50 rose 70 points, or 0.28%, to 24,864 From the Sensex pack, Bajaj Finserv, M&M, UltraTech Cement, SBI, Eternal, Maruti Suzuki, and Axis Bank were the top gainers, rising up to 1.5%. On the flip side, IndusInd Bank, Bajaj Finance, Tech Mahindra, and Titan opened in the red. Meanwhile, Asian peers opened subdued on Friday after reports that Israel had bombed Iranian nuclear sites, triggering retaliatory missile and drone strikes from White House said U.S. President Donald Trump would decide within two weeks whether the U.S. would back Israel the sectoral front, Nifty Bank, Financial Services, Auto, PSU Bank, and Realty indices rose between 0.2% and 0.8%, while Nifty IT, Consumer Durables, and Oil & Gas opened up to 0.3% lower. ADVERTISEMENT Among individual stocks, shares of project financiers PFC and REC jumped up to 4.5% after the RBI issued final guidelines on project financing, streamlining norms across banks, NBFCs, and co-operative banks by replacing multiple legacy circulars. Experts View ADVERTISEMENT "Nifty which has been trading within the 24500-25000 range for about a month now is likely to remain within this range in the near-term. The upper side of the range will be broken only on news of de-escalation of the Israel-Iran conflict or an abrupt end to the war. The lower side of the range is unlikely to break since big buying, particularly by domestic institutions, will emerge on dips. If the war lingers and crude rises beyond $85 the lower band of the range will be broken," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Matalia, Derivative Analyst at Choice Broking, said, "Nifty can find support at 24,700 followed by 24,600 and 24,500. On the higher side, 24,850 can be an immediate resistance, followed by 24,900 and 25,000." ADVERTISEMENT Global MarketsShare markets in Asia struggled for direction on Friday as fears of a potential U.S. attack on Iran hung over markets, while oil prices were poised to rise for a third straight week on the escalating Israel-Iran MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1% but was set for a weekly drop of 1%. Japan's Nikkei slipped 0.2%. ADVERTISEMENT China's blue chips rose 0.3%, while Hong Kong's Hang Seng gained 0.5%, after the central bank held the benchmark lending rates steady as widely expected. Wall Street equities were closed on Thursday. FII/DII Tracker The Foreign institutional investors (FIIs) extended their buying on the third consecutive day on June 19 as they bought equities worth Rs 934 crore. On the other hand, Domestic institutional investors (DIIs) also extended their buying as they bought equities of Rs 605 crore on the same day. Crude Oil Brent crude prices slipped nearly $2 on Friday, giving up gains from the previous session, after the White House postponed its decision on potential U.S. involvement in the Israel-Iran conflict. Despite the pullback, Brent is on track for a third consecutive weekly crude futures dropped $1.89, or 2.4%, to $76.96 a barrel by 02:55 GMT, but remain up 3.8% for the week.U.S. West Texas Intermediate (WTI) crude for July delivery — which didn't trade on Thursday due to a U.S. holiday and expires on Friday — was up 53 cents, or 0.7%, at $75.67. The more actively traded August contract edged up 17 cents, or 0.2%, to $73.67. Rupee vs Dollar The Indian rupee rose 15 paise to 86.58 against the US dollar in early trade. The dollar index, which tracks the movement of the greenback against a basket of six major world currencies, declined 0.34% to 98.56 level. (With inputs from agencies) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
12 hours ago
- Business
- Time of India
Sensex gains over 250 pts, Nifty above 24,850 as bank, auto stocks lead rally
Indian equity benchmarks opened higher on Friday, supported by gains in banking and auto stocks, even as rising tensions between Israel and Iran continued to weigh on global investor sentiment. At 9:19 am, the BSE Sensex was up 274 points, or 0.34%, at 81,635, while the Nifty50 rose 70 points, or 0.28%, to 24,864 From the Sensex pack, Bajaj Finserv , M&M, UltraTech Cement , SBI , Eternal , Maruti Suzuki , and Axis Bank were the top gainers, rising up to 1.5%. On the flip side, IndusInd Bank , Bajaj Finance , Tech Mahindra , and Titan opened in the red. Meanwhile, Asian peers opened subdued on Friday after reports that Israel had bombed Iranian nuclear sites, triggering retaliatory missile and drone strikes from Iran. The White House said U.S. President Donald Trump would decide within two weeks whether the U.S. would back Israel militarily. On the sectoral front, Nifty Bank, Financial Services, Auto, PSU Bank, and Realty indices rose between 0.2% and 0.8%, while Nifty IT, Consumer Durables, and Oil & Gas opened up to 0.3% lower. Among individual stocks, shares of project financiers PFC and REC jumped up to 4.5% after the RBI issued final guidelines on project financing, streamlining norms across banks, NBFCs, and co-operative banks by replacing multiple legacy circulars. Experts View "Nifty which has been trading within the 24500-25000 range for about a month now is likely to remain within this range in the near-term. The upper side of the range will be broken only on news of de-escalation of the Israel-Iran conflict or an abrupt end to the war. The lower side of the range is unlikely to break since big buying, particularly by domestic institutions, will emerge on dips. If the war lingers and crude rises beyond $85 the lower band of the range will be broken," said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments. Hardik Matalia, Derivative Analyst at Choice Broking, said, "Nifty can find support at 24,700 followed by 24,600 and 24,500. On the higher side, 24,850 can be an immediate resistance, followed by 24,900 and 25,000." More To Come...
