Axis Bank to waive 12 IMEs on certain mortgage loans: The Tribune India

ByRichard C. Sloan

Oct 20, 2021

New Delhi

Private sector lender Axis Bank on Tuesday announced a 12 IME waiver on certain mortgage products and discounts on various online purchases as part of its festival offering. It also provides road financing with no handling fees for two-wheeler customers, the bank said. PTI

New Delhi

Policybazaar parent company PB Fintech gets green light for IPO

PB Fintech Ltd, which operates the online insurance platform Policybazaar and the Paisabazaar credit comparison portal, has received approval from SEBI to raise Rs 6,017.50 crore via an IPO. It includes a new issue of Rs 3,750 crore of shares and an offer for sale of Rs 2,267.50 crore by existing shareholders. PTI

New Delhi

HUL Q2 net increases 10.7% to Rs2.185 cr, sales up 11.3%

Major FMCG Hindustan Unilever on Tuesday announced a 10.69% increase in its consolidated net profit to Rs 2,185 crore for the second quarter ended September 30. The company had posted a net profit of Rs 1,974 crore in the July-September quarter of the previous fiscal year. PTI

New Delhi

Jeep India recalls 39 Wrangler SUV units

Car maker Jeep India said on Tuesday it was recalling 39 fully imported Jeep Wrangler units to inspect and replace the fuel line connector. The company has announced the recall of SUV units manufactured between January 24, 2020 and March 17, 2020. PTI