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Bajaj Finance raises Rs 31 crore through private placement

27 Aug 2018 Evaluate

Bajaj Finance has raised funds aggregating to Rs 31 crore through private placement. The Debenture Allotment Committee of the company at its meeting held on August 24, 2018, has allotted 310 Secured redeemable non-convertibles debentures (NCDs) of face value of Rs 10 lakh each.

Bajaj Finance, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 19 million customers across the country.

Peers
Company Name CMP
Bajaj Finance 1019.00
Shriram Finance 1001.00
Aditya Birla Capital 387.55
Tata Capital 358.55
Chola Invest & Fin. 1823.70
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