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POONAWALLA FINCORP MD
Piramal Finance Q2 profit rises 2x, Poonawalla Fincorp back in blackPiramal Finance reported a two-fold increase in net profit to ₹327 crore, driven by a 28% rise in net interest income. Poonawalla Fincorp s...- Bajaj Finance MD Rajeev Jain best paid NBFC top exec in FY25Rajeev Jain, Bajaj Finance Managing Director, emerged as the highest-paid NBFC CEO in FY25. His total package exceeded Rs 65 crore, with ES...
- Poonawalla Fincorp aims AUM growth upwards of 40 pc in FY26Poonawalla Fincorp aims for over 40% AUM growth, fueled by new product lines like gold loans, after a robust 53% growth in Q1FY26. The comp...
- Poonawalla Fincorp enters gold loan market, plans 400 new branchesPoonawalla Fincorp Ltd. has entered the gold loan market, aiming to broaden its secured lending options. This new product offers quick, tra...
- Poonawalla Fincorp to implement artificial intelligence in human resource processesThe company, which saw a top management rejig earlier this year including appointment of new MD and CEO Arvind Kapil who took charge in Jun...
- Confident of maintaining guidance at 35% to 40% going ahead: Abhay Bhutada, Poonawalla FincorpAs you know we operate at 102 branches, but maximum we are gaining market share there and going forward whatever guidance we have given 35%...
- Arvind Kapil named CEO of Poonawalla FincorpArvind Kapil is currently the group head mortgage banking business at the bank which includes home loans, loans against property (LAP) and ...
- Sebi fines Abhijit Pawar Rs 10 lakhs for alleged insider tradingA preliminary examination by Sebi revealed that Magma had made an announcement on February 10, 2021 on stock exchanges regarding the acquis...
- Poonawalla Fincorp net profit up 62%, loans highest in a quarterThe net profit in the first quarter of FY24 is the highest ever for Poonawalla Fincorp. In April-June, quarterly disbursements more than do...
- Poonawalla Fincorp Q4 Results: PAT jumps 103% YoY to Rs 181 crore, dividend declared of Rs 2/shareThe Board of Poonawalla Fincorp has recommended a dividend of Rs 2 per share (100% of face value) for FY23, subject to shareholders’ approv...
- Stocks in news: Bajaj Auto, Nestle India, IndusInd Bank, Bank of Maharashtra, Welspun India, Tata TeleBank of Maharashtra's net profit more than doubled year-on-year to Rs 840 crore in the fourth quarter as against Rs 355 crore in the same p...
- 2 midcap stocks are Vikas Sethi’s Diwali dhamaka picks. Here’s why“Poonawalla Fincorp is a very strong NBFC, the management is very aggressive and they are nowadays focussing on retail where there is very ...
- Sebi bars Abhijit Pawar over insider trading allegationsIndia's capital-markets regulator has barred Abhijit Pawar, nephew of Nationalist Congress Party chief Sharad Pawar, from dealing in securi...
- Abhay Bhutada hasn't done anything as per lawyers, says Adar PoonawallaEarlier, Sebi barred Bhutada and seven other entities from the securities market for insider trading. The regulator also ordered impounding...
- Poonawalla Fincorp slides further 5% on MD’s resignationAbhay Bhutada resigned from the non-banking finance company (NBFC) a day after the Securities and Exchange Board of India (Sebi) barred him...
- Sebi bars Poonawalla Fincorp MD, 7 others from dealing in securitiesThe regulator has impounded the bank accounts of these individuals to the extent of Rs 13.58 crores.
- SEBI probe finds Poonawalla Fincorp MD, others guilty of insider tradingSEBI’s investigation found that Bhutada had shared information about Adar Poonawalla’s proposed takeover of Magma Fincorp in his capacity a...
- Magma Fincorp shareholders approve Rs 3,456 cr share issue to promoters, Poonawalla coMagma Fincorp operates in retail finance, SME finance, housing finance and general insurance business. It has been catering for three decad...
- Magma Fincorp to seek shareholders nod in March for Rs 3,206 cr deal with PoonawallaAn extraordinary general meeting (EOGM) of the members of Magma Fincorp will be held on Tuesday, March 9, 2021.
- Adar Poonawalla on why he is buying Magma FincorpThere is a huge growth potential in financial space over the next decade if not longer in India.
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