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Bajaj Finance raises Rs 60 crore through NCDs

30 Aug 2018 Evaluate

Bajaj Finance has raised funds aggregating to Rs 60 crore via private placement. The Debenture Allotment Committee of the company at its meeting held on August 29, 2018, has allotted 600 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 1019.50
Shriram Finance 1001.65
Aditya Birla Capital 387.75
Tata Capital 358.55
Chola Invest & Fin. 1823.70
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