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Bajaj Finance raises Rs 23.5 crore through bonds issue

22 Mar 2017 Evaluate

Bajaj Finance has raised Rs 23.5 crore through issuance of bonds on a private placement basis. The Debenture Allotment Committee of the company at its meeting held on March 21, 2017 allotted 235 secured redeemable non-convertible debentures.

Bajaj Finance is one of the leading financial companies in India. It offers personal loans that are convenient, flexible, quickly processed, have superior features like zero prepayment charges & requires no security with minimum paper work. The company has reported 36.04% rise in its net profit at Rs 555.65 crore for the quarter ended December 31, 2016, as compared to Rs 408.46 crore for the same quarter in the previous year.

Bajaj Finance Share Price

918.55 9.85 (1.08%)
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