Morgan Stanley warns flexi and overdraft loans face disruption, putting Bajaj Finance's $5.4 billion MSME book and 97.71 million EMI cards in the spotlight.
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Morgan Stanley warns flexi and overdraft loans face disruption, putting Bajaj Finance's $5.4 billion MSME book and 97.71 million EMI cards in the spotlight.
Bajaj Finance has the highest exposure to revolving credit at 15% of AUM, while Cholamandalam has the least at under 1%, IIFL said.
The EazyDiner IndusInd Bank Platinum RuPay Credit Card comes with no joining or annual fees. It offers an additional Rs 500 discount on dining up to three times a month through the EazyDiner app, translating into Rs 18,000 in annual dining savings.
Banks can restrict devices financed through loans only after accounts turn 30 days overdue; wrongful locking or delayed restoration can attract compensation of Rs 250 per hour.
Auto component maker, Varroc Engineering reported a net profit of Rs 77.3 crore in the first quarter of FY27, down 26.5% from Rs 105.1 crore in the year-ago period.
Shares of Sai Life Sciences fell over 6% to Rs 1327.20 after Q1FY27 results despite a 22.4% increase in Ebitda to Rs 148 crore.
On a standalone basis, revenue jumped 35.7% year-on-year (YoY) to Rs 12,999 crore from Rs 9,579 crore, ahead of the estimated Rs 12,430 crore.
Shares of Shivalik Bimetal Controls Ltd. rose as much as 20% to Rs 920.90 apiece on Friday at 9:59 a.m. This compares to a 0.08% fall in the NSE Nifty 50 Index.
OpenAI is looking to break new ground with the product, which is slated for release in 2027.
BEML will announce its Q1FY27 results on Aug. 7, with investors tracking defence and rail execution, margins, order inflows and the final dividend.