Axis Bank to waive 12 EMIs on select home loans

New Delhi

Private sector lender Axis Bank on Tuesday announced waiver of 12 EMIs on select home loan products, and discounts on various online purchases as part of its festival offer. It is also providing on-road finance without any processing fee for two-wheeler customers, the bank said. PTI

New Delhi

Policybazaar’s parent PB Fintech gets nod for IPO

PB Fintech Ltd, which operates online insurance platform Policybazaar and credit comparison portal Paisabazaar, has received SEBI’s approval to raise Rs 6,017.50 crore through an IPO. It comprises a fresh issue of Rs 3,750 crore worth of equity shares and an offer for sale of Rs 2,267.50 crore by existing shareholders. PTI

New Delhi

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

FMCG major Hindustan Unilever on Tuesday reported a 10.69% rise in 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. PTI

New Delhi

Jeep India recalls 39 units of Wrangler SUV

Automaker Jeep India on Tuesday said it is recalling 39 fully imported units of Jeep Wrangler in order to inspect and replace fuel supply line connector. The company said it is recalling the SUV units manufactured between January 24, 2020 and March 17, 2020. PTI