The critical situation of the financial market has started taking its toll on a lot of companies. The financial services company Bajaj Finserv has shown losses during the period July to September.

The Managing director of the company confirmed the slowdown and pressure on margin in his statement: "Yes, we are seeing a slowdown in the sector. Industry growth has slowed down".

Indiabulls Financial Services has registered a consolidated net profit of Rs135.7 crore for the second quarter ended September, a 21.4% growth over the corresponding period year ago.