Stocks to Watch: Private banks, Tech Mahindra, Maruti Suzuki, Tata Motors

Banks and financials: The RBI has capped the tenure of managing directors of private banks at 15 years from the date of appointment.

Tata Motors: The automaker said the lockdown enforced in various parts of the country is expected to impact vehicle demand temporarily.

Bajaj Finance: The non-bank financier will report its March quarter earning on Tuesday.

In Q3, the lender had reported a 36% drop in quarterly profit from a year ago to ₹1,117 crore due to higher provisions for bad loans.

Aviation companies: The government has extended the cap on domestic airfare, which was earlier slated till 30 April to 31 May.

HDFC Life Insurance: The private life insurer reported a 2% increase in its standalone profit after tax to ₹318 crore in the quarter ended on 31 March 2021, compared with ₹312 crore in the year-ago period.

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