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Mint
19 hours ago
- Business
- Mint
Tata Power, PNB to Bajaj Auto: 13 stocks to Trade Ex-Dividend Today
Dividend Stocks: Tata Power, PNB, Bajaj Auto, Voltas, HDFC Life, Bank of India are the prominent stocks to trade ex-dividend today. The record date of Friday, June 20, had been set by these companies for identifying the list of shareholders eligible to receive dividends. According to the T+1 settlement procedure, investors should have purchased shares of these companies at least one day prior to the record date if they wanted to take advantage of the 'dividend announcements by these companies and their names appearing in the list of shareholders eligible to receive dividends. Tata Power: For the fiscal year that concluded on March 31, 2025, the Board has recommended paying the members a final dividend of ₹ 2.25 per equity share of ₹ 1 each (at 225%). The dividend needs to be approved by the members at the company's 106th Annual General Meeting (or "AGM"), which is set for Friday, July 4, 2025. Punjab National Bank, or PNB: For FY 2024–2025, a recommended dividend of Rs. 2.90 per equity share (145% on face value) of face value of Rs. 2 per share is subject to shareholder approval at the bank's subsequent annual general meeting. Bajaj Auto Ltd.: For the fiscal year that concluded on March 31, 2025, the Board of Directors had recommended a dividend on equity shares at the rate of Rs. 210 per share (2100%) of face value of Rs. 10 each. If the shareholders approve the dividend at the next Annual General Meeting, it will be credited or distributed on or around August 8, 2025. Voltas Ltd.—For the year 2024–2025, directors have suggested a dividend of Rs. 7 per share on a face value of Re. 1 per share (700%), which will be paid or dispatched on or after the fifth day following the completion of the company's 71st Annual General Meeting, pending shareholder approval. HDFC Life Insurance Company Ltd.—The company had recommended final dividend of ₹ 2.10 per equity share of face value of ₹ 10 each for the financial year 2024-25. Bank of India: Recommended a dividend of Rs. 4.05 (i.e., 40.50%) per equity share (face value Rs. 10/-). each fully paid up) for the FY2024-25. Other stocks, such as Torrent Pharma, Transcorp International Ltd., Rossari Biotech Ltd, Mawana Sugars Ltd, Supreme Industries Ltd, Solitaire Machine Tools Ltd., and Swastika Investsmart Ltd., will also trade ex-dividend today Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
a day ago
- Business
- Business Standard
Quick Wrap: Nifty PSU Bank Index declines 2.04%
Nifty PSU Bank index ended down 2.04% at 6734.3 today. The index is up 1.00% over last one month. Among the constituents, Central Bank of India shed 3.68%, Bank of India dropped 3.34% and Punjab & Sind Bank slipped 3.29%. The Nifty PSU Bank index is down 10.00% over last one year compared to the 5.43% surge in benchmark Nifty 50 index. In other indices, Nifty Media index is down 1.91% and Nifty Realty index has dropped 1.60% on the day. In broad markets, the Nifty 50 has dropped 0.08% to close at 24793.25 while the SENSEX has dropped 0.10% to close at 81361.87 by Capital Market - Live News
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Business Standard
2 days ago
- Business
- Business Standard
Dividend stocks: Bajaj Auto, PNB, Tata Power, 10 others to remain in focus
Dividend stocks today, June 19, 2025: Shares of Bajaj Auto, HDFC Life Insurance Company, Bank of India, Punjab National Bank (PNB), Tata Power Company, Torrent Pharmaceuticals, and 7 other companies are expected to remain in the spotlight today, Thursday, June 19, 2025, following their announcement of dividend (final dividend for the financial year 2024-25) rewards to shareholders. The other companies to feature in the list include Greenlam Industries, Mawana Sugars, Rossari Biotech, Solitaire Machine Tools, Supreme Industries, Swastika Investsmart, and Transcorp International. The BSE data reveals that these stocks will trade ex-dividend on Friday, June 20, 2025. The ex-dividend date marks the day a stock begins trading without the right to receive the declared dividend, meaning investors must own the stock before this date to be eligible. The companies, however, finalise the list of eligible shareholders based on their records on the record date. Among the highlighted companies, automaker Bajaj Auto has declared the highest dividend, announcing a final dividend of ₹210 per share. The company has also set June 20, 2025, as the record date for determining eligible shareholders for their participation in the said announcement. This is followed by Supreme Industries, which has announced a final dividend of ₹24 per share, also with the record date fixed as June 20, 2025, for the same. Among others, Torrent Pharmaceuticals has announced a final dividend of ₹2.90 per share, Bank of India has declared a final dividend of ₹4.05 per share, Punjab National Bank announced to pay a final dividend of ₹2.90 per share, Tata Power Company ₹2.25 per share, and HDFC Life Insurance Company ₹2.10 per share for their respective shareholders. All of them have set June 20, 2025, as the record date for determining eligible shareholders for their participation in the said announcement. Here is the complete list of stocks that will trade ex-dividend on June 20, 2025: Company Ex-date Purpose Record date Bajaj Auto June, 20, 2025 Final Dividend - ₹210 June, 20, 2025 Bank of India June, 20, 2025 Final Dividend - ₹4.05 June, 20, 2025 Greenlam Industries June, 20, 2025 Final Dividend - ₹0.40 June, 20, 2025 HDFC Life Insurance Company June, 20, 2025 Final Dividend - ₹2.10 June, 20, 2025 Mawana Sugars June, 20, 2025 Final Dividend - ₹1 June, 21, 2025 Punjab National Bank June, 20, 2025 Final Dividend - ₹2.90 June, 20, 2025 Rossari Biotech June, 20, 2025 Final Dividend - ₹0.50 June, 20, 2025 Solitaire Machine Tools June, 20, 2025 Final Dividend - ₹2 June, 20, 2025 Supreme Industries June, 20, 2025 Final Dividend - ₹24 June, 20, 2025 Swastika Investsmart June, 20, 2025 Final Dividend - ₹0.60 June, 20, 2025 Tata Power Company June, 20, 2025 Final Dividend - ₹2.25 June, 20, 2025 Torrent Pharmaceuticals June, 20, 2025 Final Dividend - ₹6 June, 20, 2025 Transcorp International June, 20, 2025 Final Dividend - ₹0.30 June, 20, 2025
Time of India
12-06-2025
- Business
- Time of India
Crop Loan Distribution Week from June 16–22 in Nagpur district
Nagpur: In a bid to ensure every eligible farmer receives timely financial support for the upcoming kharif season, Nagpur district will observe Crop Loan Distribution Week from June 16 to 22 across all bank branches. The campaign, announced by district collector Vipin Itankar, aims to streamline loan distribution under Kisan Credit Card (KCC) scheme and eliminate delays or exclusions. Speaking at a high-level meeting held at the collectorate on Thursday, Itankar emphasised that the current pace of crop loan distribution is "very unsatisfactory" and it must be improved immediately. He directed that a joint planning effort be undertaken at each bank branch with the participation of tehsildars, block development officers, taluka agriculture officers, and branch managers to ensure effective implementation. Loan distribution camps will be held daily from 11am to 4pm in every bank branch across the district. These camps will not only facilitate quick processing of crop loan applications but also serve as information centres where farmers will receive detailed guidance on application procedures, eligibility criteria, and necessary documents. To ensure proper monitoring and support, tehsildars will appoint nodal officers from revenue, agriculture, rural development, and other concerned departments. These officers will visit designated branches for a minimum of three hours each day to oversee operations and ensure maximum outreach. Itankar also directed officers to conduct separate guidance camps to help farmers understand the process and avoid confusion or delays. He further instructed banks to complete scrutiny and approval processes onsite during the camp itself, ensuring real-time disbursal of loans. Additionally, the campaign will promote registration of farmers on AgriStack portal for issuance of IDs, with field staff mobilised for publicity and assistance. All bank managers are required to submit daily progress reports to their respective tehsildars and the district lead manager, Bank of India. The collector stressed the importance of interdepartmental coordination to make this drive a success and uphold transparency in agricultural credit distribution. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Mint
11-06-2025
- Business
- Mint
Personal loans with zero processing fees: THESE banks are offering the best deals
Looking to save on your next personal loan? Several banks are now offering zero processing fees, helping you reduce upfront costs significantly—especially on large loan amounts. It is crucial to keep in mind that processing fees can add a substantial amount to the overall cost of a particular personal loan. For example, on a loan of ₹ 5 lakhs a 2% processing fee amounts to a substantial figure of ₹ 10,000. This is clearly a significant upfront cost. Bank Processing fee Bank of India Zero fees for select categories; standard fees apply otherwise IndusInd Bank Occasionally offers zero fees for online applications Union Bank of India 0.5% of loan amount, often waived during special offers ICICI Bank Typically 0.99%-2.5%; promotional waivers available online SBI Standard 1%-1.5%, reduced fees during festive campaigns HDFC Bank Charges 1%-2.5%, may offer waivers to select customers Kotak Bank Up to 2.5%, limited-time offers for salaried customers offering zero processing fees Yes Bank Up to 2.5%, with occasional zero processing fee promotions (Source: Bank websites) Note: The processing fee waivers and zero-fee offers listed above are indicative only and often tied to online applications, festive seasons, or limited-time promotions. Terms may vary by lender, so always verify eligibility and current offers before applying. That is why several lenders now use zero processing fees to attract borrowers. Comparing charges, terms and conditions in such cases can save you big, especially on large loans. To make the most of the same, you should always check for hidden costs carefully before going for a particular loan product. To boost your chances of securing a personal loan with zero processing fees you should: Reach out to the official websites and compare offers from several banks and NBFCs, focus on those with lowest possible or zero processing fee offers. Do ensure that you meet the lender's basic requirements, eligibility including credit score, minimum income needs along with employment status. Most zero processing fee offers are exclusive to online applications that is why applying through the lender's official website or application can unlock better loan deals and facilitate faster processing. Carefully keep an eye on festive seasons such as Holi, Diwali, Eid along with other special events as lenders often launch limited time offers for borrowers during these periods. By staying informed and comparing offers provided by different banks carefully, borrowers can secure cost efficient personal loans designed according to their needs and aspirations. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
