Bajaj Finance raises Rs 1,400 crore via NCDs

05 Sep 2019

Bajaj Finance has raised funds worth Rs 1,400 crore through allotment of 14,000 Secured Redeemable Non-Convertible Debentures (NCDs) of face value of Rs 10 lakh on Private Placement basis. The Debenture Allotment Committee of the Company at its meeting held on September 05, 2019 has allotted the same.

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.

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7373.05 -158.85 (-2.11%) Jan 21, 18:01
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Peers
Company Name CMP
Bajaj Finance 7373.05
Aditya Birla Capital 123.30
Shriram Trans. Fin 1200.00
L&T Finance Holdings 75.55
Mah & Mah Finl. Serv 155.10
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