BAJFINANCE

** Shares of India's Bajaj Finance BJFN.NS rise as much as 4.7% to record high of 9,089 rupees

** Stock top gainer in benchmark Nifty 50 index .NSEI, which is down 0.1%

** Non-banking financial co on Thursday named Anup Kumar Saha, present deputy MD as new MD, replacing veteral Rajeev Jain

** Jain named vice chairman, executive director

** Move should allow Jain to stay involved in short- and mid-range planning at Bajaj Finance and investor engagements- Jefferies

** Smooth succession, healthy growth & improving asset quality will aid valuations; BJFN remains top pick - brokerage

** BJFN top gainer in Nifty 50 index so far this year among 22 stocks trading in green, up 31.2% YTD

** In contrast Nifty 50 index down 2.1%

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

March 20 (Reuters) - Bajaj Finance Ltd BJFN.NS:

• BAJAJ FINANCE LTD - ANUP KUMAR SAHA APPOINTED AS MANAGING DIRECTOR EFFECTIVE 1 APRIL 2025

• BAJAJ FINANCE LTD - RAJEEV JAIN APPOINTED AS VICE CHAIRMAN EFFECTIVE 1 APRIL 2025

Source text: ID:nBSE3QCh6K

Further company coverage: BJFN.NS

(([email protected];;))

MUMBAI, March 19 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5.45 billion rupees ($62.99 million) for bonds maturing in four years and 11 months, three bankers said on Wednesday.

The non-banking financial company will pay an annual coupon of 7.80% on this issue and had invited bids from bankers and investors on Tuesday, they said.

Bajaj Finance did not respond to Reuters email for comment.

Here is the list of deals reported so far on March 19:

*Size includes base plus greenshoe for some issues

($1 = 86.5230 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)

(([email protected]))

MUMBAI, Feb 27 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 7.81 billion rupees ($89.5 million) for the reissue of 7.60% February 2030 bonds, three bankers said on Thursday.

The non-banking financial company will offer a yield of 7.77% and had invited bids for the issue from bankers and investors earlier in the day, they said.

The company did not respond to Reuters email for comment.

Here is the list of deals reported so far on February 27:

* Size includes base plus greenshoe for some issues

($1 = 87.2425 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Sumana Nandy)

(([email protected]))

Adds RBI lifting restrictions on Kotak Mahindra Bank

Jan 9 (Reuters) - The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved their compliance following a series of supervisory restrictions.

High interest rates and tighter regulations have been cited as contributors to weak demand and a slowdown in India's economic growth, including by the federal finance ministry in a recent report.

The Indian central bank also got a new chief in December with Sanjay Malhotra taking over from Shaktikanta Das.

The following is a list of companies whose restrictions have been removed by the RBI.

KOTAK MAHINDRA BANK

The Reserve Bank of India on Wednesday lifted restrictions on Kotak Mahindra Bank KTKM.NS that had barred the lender from taking on new customers via its online and mobile banking channels, and from issuing new credit cards.

RBI had imposed business restrictions on the lender , asking it to stop adding clients through its online and mobile banking channels and issuing credit cards due to gaps in its IT infrastructure.

ASIRVAD MICRO FINANCE, DMI FINANCE, AROHAN FINANCIAL SERVICES, NAVI FINSERV

The RBI, last month, removed restrictions imposed on DMI Finance and Manappuram Finance-owned MNFL.NS Asirvad Micro Finance with immediate effect.

The regulator had in October barred the two companies, along with Arohan Financial Services and Navi Finserv, from sanctioning and disbursing loans due to "usurious" pricing and charging a significant mark-up over their funding costs.

The same restrictions on Arohan were lifted last week, and from Navi in December.

EDELWEISS ASSET RECONSTRUCTION, ECL FINANCE

The central bank last month lifted restrictions on Edelweiss Asset Reconstruction and ECL Finance, first imposed in May 2024, which barred them from acquiring financial assets or undertaking structured transactions.

The regulator was satisfied with the measures taken to address what it had called "evergreening" of distressed loans.

JM FINANCIAL

A unit of financial services firm JM Financial JMSH.NS in October resumed financing activities related to shares and debentures, including loans for IPO subscriptions after the central bank ended restrictive measures.

The RBI in March barred JM Financial Products from issuing such loans, due to regulatory violations and governance concerns.

IIFL FINANCE

In September, the RBI permitted IIFL Finance to resume issuance of gold loans.

The central bank had barred it from offering gold loans in March, citing concerns about its assessment of gold collateral and violations of the maximum permitted loan-to-value ratio, among other issues.

BAJAJ FINANCE

The RBI in May reversed curbs imposed on India's largest NBFC, Bajaj Finance, allowing it to restart loan disbursals under two of its lending products.

The restrictions were levied in November 2023 due to non-adherence with the central bank's digital lending guidelines.

(Reporting by Nandan Mandayam and Kashish Tandon in Bengaluru; Editing by Varun H K)

(([email protected]; Mobile: +91 9591011727;))

Feb 10 (Reuters) - Bajaj Finance Ltd BJFN.NS:

• ALLOTTED NCDS AGGREGATING 7.6 BILLION RUPEES ON PRIVATE PLACEMENT BASIS

Source text: ID:nBSE8bBNXG

Further company coverage: BJFN.NS

(([email protected];;))

MUMBAI, Feb 7 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 7.50 billion rupees ($85.8 million) for the reissue of 7.7591% December 2027 bonds, three bankers said on Friday.

The non-banking financial company will offer a yield of 7.77% and had invited bids for the issue from bankers and investors earlier in the day, they said.

The company did not respond to Reuters' request for comment.

Here is the list of deals reported so far on Feb. 7:

*Size includes base plus greenshoe for some issues

($1 = 87.4070 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)

(([email protected]))

MUMBAI, Feb 6 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 45 billion rupees ($514 million), including a greenshoe option of 37.50 billion rupees, through the reissue of 7.7591% December 2027 bonds, three bankers said on Thursday.

The non-banking financial company has invited bids for the issue from bankers and investors on Friday, they said.

The company did not immediately respond to Reuters' request for comment.

Here is the list of deals reported so far on Feb. 6:

*Size includes base plus greenshoe for some issues

($1 = 87.5470 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Varun H K)

(([email protected]))

MUMBAI, Feb 4 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5 billion rupees ($57.49 million) for the reissue of 7.60% Feb 2030 bonds, three bankers said on Tuesday.

The non-banking finance company will offer a yield of 7.74% and had invited bids for the issue from bankers and investors on Monday, they said.

The company did not immediately respond to a Reuters request for comment.

Here is the list of deals reported so far on Feb. 4

*Size includes base plus greenshoe for some issues

($1 = 86.9720 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)

(([email protected]))

MUMBAI, Jan 31 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 30 billion rupees ($346.31 million), which includes a greenshoe option of 25 billion rupees, through reissue of 7.60% Feb 2030 bonds, three bankers said on Friday.

The non-banking finance company has invited bids for the issue from bankers and investors on Monday, they said.

The company did not immediately respond to a Reuters request for comment.

Here is the list of deals reported so far on Jan. 31:

*Size includes base plus greenshoe for some issues

($1 = 86.6280 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Varun H K)

(([email protected]))

** India's benchmark Nifty 50 .NSEI and Sensex .BSESN indexes up about 0.3% each

** Benchmarks on a three-day run, but still down 1.6% in Jan

** Recen correction has made large-caps attractive, analysts say

** Public sector enterprises .NIFTYPSE rise 2%, with 18 of 20 members higher, on expectations of government focus on public spending and infrastructure in union budget on Feb. 1, per analysts

** Non-bank lender Bajaj Finance BJFN.NS gains 3% after posting a bigger quarterly profit due to strong loan growth

** Tata Motors TAMO.NS falls 6% after reporting a smaller quarter profit, hurt by weak car sales

** Whirlpool of India WHIR.NS tumbles 20% after parent Whirlpool Corp WHR.NS says to cut stake to 20% from 51%

** Small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 up 0.6% and 0.3%, respectively

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

Jan 29 (Reuters) - India's Bajaj Finance BJFN.NS posted a rise in third-quarter profit on Wednesday, helped by strong loan growth during the holiday season.

The non-banking financial company (NBFC) reported a consolidated net profit of 43.08 billion rupees ($497.84 million) for the quarter ended Dec. 31, up around 18% from a year ago.

Consolidated numbers include the businesses of the lender's subsidiaries, Bajaj Housing Finance BAJO.NS and Bajaj Financial Securities.

Indians celebrate a string of festivals during the October-December period, spending heavily on items ranging from apparels to electronics, which prop up demand for credit.

Bajaj Finance booked 12.06 million new loans during the quarter, a 22% increase from last year, while interest income grew around 26% to 157.68 billion rupees.

Its assets under management grew about 28% to 3.98 trillion rupees, which analysts said was above their expectations.

($1 = 86.5330 Indian rupees)

(Reporting by Nishit Navin in Bengaluru; Editing by Varun H K)

(([email protected];))

By Aditya Kalra

NEW DELHI, Jan 25 (Reuters) - India's Religare Enterprises RELG.NS said a U.S. businessman has made a proposal to acquire a 26% stake in it, the latest twist in the battle for control of the financial services company which has rejected another bid as being priced too low.

The Indian billionaire Burman family, which has founded and controls consumer goods conglomerate Dabur India DABU.NS, raised its stake in Religare to nearly 25% in September 2023, triggering a so-called open offer to buy more shares.

Through the open offer process, which starts on Jan. 27, the Burmans plan to buy around 26% more of Religare to bolster their presence in India's rapidly growing financial services sector, but Religare's independent directors flagged this week the offer price of 235 rupees per share was too low.

In a stock exchange disclosure late on Friday, Religare shared a letter from U.S. entrepreneur Digvijay "Danny" Gaekwad's firm requesting permission from Indian market regulator SEBI to make an open offer of 275 rupees per share for the Indian company, a 17% premium to the current offer.

A representative of the Burman family, Mohit Burman, and the market regulator SEBI did not immediately respond to requests for comment on Saturday. Florida-based Gaekwad did not immediately respond to a Reuters' email seeking comment outside of normal U.S. business hours.

Religare shares closed at 249.40 rupees on Friday, giving it a market value of 81.83 billion rupees ($949.30 million).

The Burmans, if they win control of Religare, will find themselves pitted against other Indian billionaire families in the financial services business, including Mukesh Ambani's Jio Financial Services JIOF.NS and family-controlled Bajaj Finance BJFN.NS.

But the Burmans' Religare bid has faced regulatory and legal challenges.

Earlier this week, Religare disclosed that a minority shareholder had approached the Delhi High Court, and was seeking to stop Burmans' open offer bid.

Legal papers show that the shareholder holds 500 shares in Religare, and the court on Tuesday issued a notice to Burmans and SEBI and said any subsequent action - such as an open offer - "shall be subject to the outcome" of the lawsuit.

($1 = 86.2000 Indian rupees)

(Reporting by Aditya Kalra and Siddhi Nayak; Editing by Muralikumar Anantharaman)

((Email: [email protected]; X: @adityakalra;))

Jan 20 (Reuters) - Bharti Airtel Ltd BRTI.NS:

• AND BAJAJ FINANCE ENTER STRATEGIC PARTNERSHIP

• TO OFFER BAJAJ FINANCE PRODUCTS TO 370 MILLION CUSTOMERS

• PARTNERSHIP COMBINES AIRTEL'S DIGITAL PLATFORMS WITH BAJAJ FINANCE'S PRODUCT LINES

• TO OFFER 10 BAJAJ FINANCE PRODUCTS THIS YEAR

Source text: ID:nBSE8gkB8G

Further company coverage: BRTI.NS

(([email protected];;))

Jan 17 (Reuters) - Garware Hi-Tech Films Ltd GARW.NS:

• PARTNERS WITH BAJAJ FINANCE FOR RETAIL FINANCE FOR PAINT PROTECTION FILMS

Source text: ID:nNSE5jwccp

Further company coverage: GARW.NS

(([email protected];;))

Jan 9 (Reuters) - The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their compliance following a series of supervisory restrictions.

High interest rates and tighter regulations have been cited as contributors to weak demand and a slowdown in India's economic growth, including by the federal finance ministry in a recent report.

The Indian central bank also got a new chief in December with Sanjay Malhotra taking over from Shaktikanta Das.

The following is a list of companies whose restrictions have been removed by the RBI.

ASIRVAD MICRO FINANCE, DMI FINANCE, AROHAN FINANCIAL SERVICES, NAVI FINSERV

The RBI on Wednesday removed restrictions imposed on DMI Finance and Manappuram Finance-owned MNFL.NS Asirvad Micro Finance with immediate effect.

The regulator had in October barred the two companies, along with Arohan Financial Services and Navi Finserv, from sanctioning and disbursing loans due to "usurious" pricing and charging a significant mark-up over their funding costs.

The same restrictions on Arohan were lifted last week, and from Navi in December.

EDELWEISS ASSET RECONSTRUCTION, ECL FINANCE

The central bank last month lifted restrictions on Edelweiss Asset Reconstruction and ECL Finance, first imposed in May 2024, which barred them from acquiring financial assets or undertaking structured transactions.

The regulator was satisfied with the measures taken to address what it had called "evergreening" of distressed loans.

JM FINANCIAL

A unit of financial services firm JM Financial JMSH.NS in October resumed financing activities related to shares and debentures, including loans for IPO subscriptions after the central bank ended restrictive measures.

The RBI in March barred JM Financial Products from issuing such loans, due to regulatory violations and governance concerns.

IIFL FINANCE

In September, the RBI permitted IIFL Finance to resume issuance of gold loans.

The central bank had barred it from offering gold loans in March, citing concerns about its assessment of gold collateral and violations of the maximum permitted loan-to-value ratio, among other issues.

BAJAJ FINANCE

The RBI in May reversed curbs imposed on India's largest NBFC, Bajaj Finance, allowing it to restart loan disbursals under two of its lending products.

The restrictions were levied in November 2023 due to non-adherence with the central bank's digital lending guidelines.

(Reporting by Nandan Mandayam in Bengaluru; Editing by Varun H K)

(([email protected]; Mobile: +91 9591011727;))

** Shares of non-banking financial company Bajaj Finance BJFN.NS rise 2.2% to 7,568.40 rupees, among top gainers in the Nifty 50 index .NSEI

** Co reports 22% y/y growth in new loans booked in Q3, deposit book up 19% y/y as of Dec. 31

** Assets under management at 3.98 trln rupees ($46.4 bln) as of Dec 31, up 28% y/y

** Jefferies says AUM growth is stronger than its estimate and may lead to upgrades; maintains 'buy' rating and PT of 8,400 rupees

** Nomura raises rating to 'buy' and raises TP by 18% to 8,560 rupees

** New product launches, balance between secured and unsecured loans, and extensive usage of tech among reasons for BJFN's sustained performance - Nomura

** Avg rating of 29 brokerages is a "buy;" median PT is 8,150 rupees - LSEG

** BJFN fell 6.9% in 2024

($1 = 85.7840 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

** Shares of Bajaj Finance BJFN.NS rise as much as 1.3%, eye fifth straight session of gains

** Stock up 5.2% so far this week, on track for best weekly gain since Aug. 30, if gains hold

** Co said on Tuesday green finance, AI, organic acquisitions, and focus on personal and gold loans among key growth drivers as it unveils FY25-29 growth strategy

** More than 1 mln shares change hands, 1.2x its 30-day avg

** 28 analysts covering the stock on avg have a "buy" rating; median PT is 8,083 rupees - LSEG data

** BJFN shares down 2% YTD vs a ~14% rise in Nifty 50 .NSEI

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected]))

Dec 11 (Reuters) - One Mobikwik Systems' ONEM.NS 5.72 billion-rupee ($67.4 million) IPO was fully subscribed within the first hour of the issue opening on Wednesday, as investors bet on strong growth prospects in India's booming online payments market.

The fintech firm is taking bids from Dec. 11-13 in a price range of 265-279 rupees per share, targetting a valuation of 21.68 billion rupees. The stock is likely to start trading on Dec. 18.

The company, which counts non-bank lender Bajaj Finance BJFN.NS, Peak XV and Abu Dhabi Investment Authority as existing shareholders, is selling only new shares in the IPO.

($1 = 84.8540 Indian rupees)

(Reporting by Chris Thomas in Bengaluru; Editing by Sonia Cheema)

(([email protected];))

Dec 10 (Reuters) - Bajaj Finance Ltd BJFN.NS:

• BAJAJ FINANCE - SEES CUSTOMER FRANCHISE OF 13-140 MILLION BY FY28

• BAJAJ FINANCE - SEES CUSTOMER FRANCHISE OF 190-210 MILLION BY FY29

• BAJAJ FINANCE - SEES INDIA PAYMENTS GMV OF 0.4-0.5% BY FY29

• BAJAJ FINANCE- SEES RETURN ON EQUITY AT 20-22% BY FY29

Source text: [ID:]

Further company coverage: BJFN.NS

(([email protected];))

MUMBAI, Dec 6 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 10 billion rupees ($118.1 million) for bonds maturing in two years and three months, three bankers said on Friday.

The non-banking finance company will pay an annual coupon of 7.7215% and had invited bids for the issue earlier in the day, they said.

The company did not immediately respond to a Reuters request for comment.

Here is the list of deals reported so far on Dec. 6:

*Size includes base plus greenshoe for some issues

($1 = 84.6875 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)

(([email protected]))

MUMBAI, Dec 5 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 30 billion rupees ($354.15 million), including a greenshoe option of 25 billion rupees, through the sale of bonds maturing in two years and three months, three bankers said on Thursday.

The non-banking finance company has invited bids for the issue on Friday, they said.

The company did not immediately respond to a Reuters request for comment.

Here is the list of deals reported so far on Dec. 5:

*Size includes base plus greenshoe for some issues

($1 = 84.7090 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Abinaya Vijayaraghavan)

(([email protected]))

** Shares of private lender RBL Bank RATB.NS fall 4.8% to 147.72 rupees

** Co says it mutually agreed with Bajaj Finance BJFN.NS to stop issuing new co-branded credit cards; BJFN shares down 0.4%

** Emkay cuts its FY25/26/27 earnings estimates for RBL by 18%/3%/6% and TP to 250 rupees from Street-high of 325 rupees; says cut reflects slower near-term growth

** Ambit Capital, among the top-rated brokers for RBL as per LSEG, says other card sourcing channels are growing but won't fully offset the loss of BJFN partnership; trims PT to 135 rupees from 145 rupees

** Ambit, also the highest-rated broker for BJFN, trims FY26/27E EPS estimates for co by 2%

** Avg rating on RATB is close to 'hold,' median PT falls to 220 rupees from 230 rupees - LSEG data

** Including session's losses, stock down ~46% YTD while BJFN is down 10.7%

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

** India's NSE Nifty 50 .NSEI and S&P BSE Sensex .BSESN extend gains to 0.44% each

** Eight out of 13 major subsectors trade higher, Nifty IT .NIFTYIT leads gains with a 3% jump

** Persistent Systems PERS.NS and Coforge COFO.NS surge after respective quarterly results, top pct gainers on NIFTYIT

** Bajaj Finance BJFN.NS jumps 6% on upbeat management commentary; top pct gainer on benchmark Nifty

** Paytm PAYT.NS climbs 10% as nod for new UPI users clears key risk

** Refiner Chennai Petroleum Corp CHPC.NS sinks 12% after reporting Q2 loss vs profit a year ago

** More domestically-focussed small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 rise 1.3% and 0.8%, respectively

** Hyundai Motor India HYUN.NS bounced back from a dull debut on Tuesday, gaining 5%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Oct 22 (Reuters) - Bajaj Finance Ltd BJFN.NS:

• BAJAJ FINANCE EXEC: COST OF FUNDS FOR CO HAS PEAKED

• BAJAJ FINANCE EXEC: NET INTEREST MARGINS SHOULD STABILISE AT CURRENT LEVELS FROM HERE ON

• BAJAJ FINANCE EXEC: REMAIN GUIDED BY GROWTH OF 25-27% FOR ASSETS UNDER MANAGEMENT

Source text for Eikon: [ID:]

Further company coverage: BJFN.NS

(([email protected];))

Updates Factbox published on May 30 with recent RBI actions

By Jaspreet Kalra and Siddhi Nayak

MUMBAI, Oct 18 (Reuters) - The Reserve Bank of India's (RBI) increased scrutiny of banks and other financial firms has resulted in a spate of supervisory restrictions, most recently on four non-banking finance companies due to concerns related to loan pricing practices.

On Thursday, the RBI said Asirvad Micro Finance, Arohan Financial Services, DMI Finance and Navi Finserv are restricted from sanctioning and disbursing loans post Oct. 21.

The pricing policies of these non-banking financial companies (NBFC) and the interest spread they charged over their cost of funds were found to be excessive and not in adherence to regulations, the RBI said.

Since 2020, the RBI has placed business restrictions on many players. The following are some of its key actions:

HDFC BANK

In December 2020, the RBI ordered HDFC Bank to stop all launches of new digital products and issuance of new credit cards following multiple outages on the bank's digital banking channels.

The restrictions lasted until March 2022, which hindered the bank's business growth, contributing to underperformance of its stock compared to its peers.

BANK OF BARODA

In October 2023, the central bank barred state-run Bank of Baroda from adding customers to its mobile app, India's retail inflation accelerated to a nine-month high of 5.49% in September.

Al Jazeera reported that Bank of Baroda had linked mobile numbers of strangers to boost registrations on the application, compromising security.

The restriction was lifted in May after the bank rectified the deficiencies.

BAJAJ FINANCE

In November 2023, the RBI ordered India's largest NBFC, Bajaj Finance, to stop offering loans under two of its lending products.

The restrictions were levied due to non-adherence with the central bank's digital lending guidelines and were reversed in May.

PAYTM PAYMENTS BANK

At the end of January 2024, the RBI asked Paytm Payments Bank to wind down its operations by March 15 due to persistent compliance issues and supervisory concerns.

Reuters reported that the RBI's concerns stemmed largely from violations of rules on customer due diligence, use of funds and technology infrastructure.

IIFL FINANCE

In early March 2024, the RBI barred IIFL Finance, an NBFC, from offering gold loans, citing concerns about the lender's assessment of the gold collateral and violations of the maximum permitted loan-to-value ratio, among other issues.

The restrictions were lifted in September.

JM FINANCIAL

Also in March 2024, NBFC JM Financial was barred from giving out loans against shares and debentures due to regulatory violations and governance concerns.

The central bank said it found serious deficiencies in respect of loans sanctioned by the company for IPO financing. The non-bank lender continues to be barred from operating in the segment.

KOTAK MAHINDRA BANK:

In April, the RBI asked private lender Kotak Mahindra Bank to stop adding clients digitally and issuing credit cards citing to gaps in its IT infrastructure. The restrictions are still in effect.

EDELWEISS ASSET RECONSTRUCTION, ECL FINANCE:

In May, the RBI had barred Edelweiss Asset Reconstruction Co Ltd (EARCL) and non-banking firm ECL Finance (ECL) from acquiring financial assets or undertaking structured transactions, saying that the two entities engaged in "evergreening" distressed loans.

The restrictions continue to be in effect.

(Reporting by Jaspreet Kalra and Siddhi Nayak; Editing by Nivedita Bhattacharjee and Sonia Cheema)

(([email protected]; +91-8769636545;))

MUMBAI, Oct 9 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5 billion rupees ($59.58 million) for bonds maturing in three years and two months, three bankers said on Wednesday.

The non-banking finance company had invited bids for the issue on Tuesday, they said.

Here is the list of deals reported so far on Oct. 9:

*Size includes base plus greenshoe for some issues

($1 = 83.9260 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

(([email protected]))

MUMBAI, Oct 7 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 30 billion rupees ($357.27 million), including a greenshoe option of 25 billion rupees, through a sale of bonds maturing in three years and two months, three bankers said on Monday.

The non-banking finance company has invited bids for the issue later in the day, they said.

Here is the list of deals reported so far on Oct. 7:

*Size includes base plus greenshoe for some issues

($1 = 83.9690 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Abinaya Vijayaraghavan)

(([email protected]))

Updates with levels at 9:27 a.m. IST

Oct 4 (Reuters) - Indian shares opened lower on Friday, weighed down by a selloff across most sectors, as investors remained cautious about the deepening conflict in the Middle East and rising foreign outflows.

The Nifty 50 index .NSEI was down 0.47% at 25,131.95 points as of 9:27 a.m. IST, while the S&P BSE Sensex .BSESN shed 0.45% to 82,122.28.

Indian shares slumped on Thursday to post their worst session since early August on worries about the escalating Middle East conflict and that crude supplies from the top oil-producing region may be disrupted. Global stocks edged down while oil prices rose.

Foreign outflows from Indian markets hit a record high on Thursday. Over the last three sessions, foreign institutional investors have offloaded shares worth $3.65 billion, with analysts suggesting that FIIs are directing inflows into China after its recent stimulus measures.

Twelve of the 13 sectoral indexes opened lower on Friday. The broader, more domestically-focused small- .NIFSMCP100 and mid-caps .NIFMDCP100 dropped about 0.75% each.

Non-bank lender Bajaj Finance BJFN.NS fell 2.4% after posting its pre-earnings update post market hours on Thursday. "The pre-earnings update shows an expected moderation in assets under management, with new loan booking falling 12% sequentially," analysts at Jefferies said.

Bajaj Finance was the second-biggest Nifty 50 loser by percentage.

Mahindra and Mahindra Financial Services MMFS.NS dropped about 5.3% after posting a drop in disbursements in the September quarter.

(Reporting by Hritam Mukherjee and Bharath Rajeswaran in Bengaluru; Editing by Sherry Jacob-Phillips and Sonia Cheema)

(([email protected]; X: @MukherjeeHritam;))

Oct 3 (Reuters) - Bajaj Finance Ltd BJFN.NS:

• NEW LOANS BOOKED GREW BY 14% TO 9.69 MM IN Q2 FY25

• AUM GREW BY 29% Y/Y AS OF SEPT 30 2024

• DEPOSITS BOOK GREW BY 21% Y/Y AS OF SEPT 30 2024

Source text for Eikon: ID:nBSE2SxW2K

Further company coverage: BJFN.NS

(([email protected];;))