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Bajaj Housing Finance

Property

India's Bajaj Housing Finance posts Q2 profit rise on steady home loan demand

Profit after tax rose to 5.46 billion rupees (S$85.2 million) for the three months ending Sept 30 from 4.51 billion rupees a year earlier

As India continues to grow, “corporate lending is restarting, so hopefully there’ll be a little less margin pressure,” on the home loan business, says Sanjiv Bajaj, chairman of Bajaj Housing Finance.
Property

India’s most valuable mortgage lender sees competition ebbing

Bajaj Housing Finance, India’s most valuable mortgage lender following its blockbuster trading debut on Monday (Sep 16), sees competition in the housing market easing as larger banks retreat from reta...

The stock was listed at 150 rupees (S$2.31), a premium of 114 per cent to the offer price of 70 rupees, marking the fourth-best listing gains among mainboard initial public offerings this year.
Banking & Finance

Blockbuster debut for India’s Bajaj Housing Finance shares

The listing is the latest in the country’s booming IPO market that has seen over 200 companies raise more than US$7 billion this year

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