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Bajaj Finance raises Rs 116 crore through NCDs

20 Apr 2021 Evaluate

Bajaj Finance has raised Rs 116 crore through Secured redeemable non-convertibles debentures (NCDs) and allotted 1160 NCDs having face value of Rs 10 lakh each on private placement basis. Maturity of said NCDs will be April 18, 2031.

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.

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