<p> <br />As per market speculations, these players entered the race for getting bank licences after Finance Minister Pranab Mukherjee mentioned in Union Budget 2010-11 that fresh ones would be issued to private players and non-banking financial companies.<br /><br />Shares of Bajaj group firm Bajaj Auto Finance zoomed 81.2 per cent to settle at Rs 569.40 at the end of Friday’s trade on BSE. <br /><br />During the trade, the stock had touched its year-high level at Rs 579, as per analysis of NBFC stocks on the Bombay Stock Exchange during the March-July period.</p>
<p> <br />As per market speculations, these players entered the race for getting bank licences after Finance Minister Pranab Mukherjee mentioned in Union Budget 2010-11 that fresh ones would be issued to private players and non-banking financial companies.<br /><br />Shares of Bajaj group firm Bajaj Auto Finance zoomed 81.2 per cent to settle at Rs 569.40 at the end of Friday’s trade on BSE. <br /><br />During the trade, the stock had touched its year-high level at Rs 579, as per analysis of NBFC stocks on the Bombay Stock Exchange during the March-July period.</p>